At a cryptocurrency fundraiser on Saturday in Nashville, Tennessee, former President Trump’s campaign and other connected organizations raised an astounding $25 million in a single evening, multiple individuals with direct knowledge of the situation verified to Breitbart News.
The conference’s organizer and CEO, David Bailey, verified the amount with Breitbart News. According to Breitbart News, a large number of the contributors are also new to politics or the Republican Party, and Trump’s zeal in this area attracted significant funding for his political ascent. Sen. Bill Hagerty (R-TN), a junior senator from Tennessee who helped plan the event, was a major organizer. Prior to his election in 2020, he was President Trump’s ambassador to Japan during his first term in office. According to many people with knowledge of the situation, Hagerty assisted for weeks before the event by contacting potential contributors and persuading them to attend and contribute to the Trump campaign.
Trump hosted the fundraiser at Nashville’s Music City Center. He also gave a speech at the larger Bitcoin 2024 Conference. The larger conference convened from Thursday through Saturday. Among those present at the event on Saturday were billionaire and erstwhile Trump opponent Vivek Ramaswamy, as well as Sens. Hagerty, Marsha Blackburn (GOP-TN), and Cynthia Lummis (GOP-WY), according to a reliable source. Billy Ray Cyrus and Kid Rock were present, along with podcaster and fighter Jake Paul. There were also the Winklevoss twins, who started the bitcoin exchange Gemini.
This spectacular fundraiser nearly doubled Trump’s previous high total, which he raised earlier in the summer in San Francisco at tech entrepreneur David Sacks’ Pacific Heights home. It also extends a longer run of genuinely amazing fundraisers that Donald Trump and his running mate, Sen. JD Vance (R-OH), have hosted in recent months.
This bitcoin event in Nashville attracted a large number of people who had never given to a political campaign before. At its peak, the picture queue with Trump drew over 100 patrons who paid an astounding $60,000 each.
According to a person with knowledge of the situation, Trump’s campaign was also taking donations in Bitcoin, both digital and real, which, although uncommon, at least some donors seemed to have made.
“President Trump’s participation and engagement were major factors in the success of Bitcoin 2024 in Nashville,” Hagerty told Breitbart News. The Republican Party, which upholds liberty and freedom, and Bitcoin enthusiasts, who are deeply committed to these ideals, make a perfect match. During his address, President Trump articulated Bitcoin and cryptocurrency in a way that was highly cohesive and powerful. That’s why there was an exciting vibe to the entire meeting. With the kind of passion and fervor that the left cannot match, President Trump’s winning message and program are growing the Republican Party and drawing in new funders, voters, and supporters from all walks of life. The fact that this was President Trump’s most successful fundraising event is not unexpected. It was a pleasure to collaborate with so many members of the Bitcoin community to help President Trump succeed.
Speaking with Breitbart News, people with knowledge of the matter, including Trump’s staff, expressed great satisfaction with the response he received from the bitcoin community.
Senior Trump campaign advisor Brian Hughes told Breitbart News, “President Trump wants our nation to recover the worldwide lead for technology, creativity, and manufacturing, as the Bitcoin conference highlighted.” This covers the cryptocurrency space as well as other industries. Kamala Harris and the Democrats are attacking tech innovators and others in the field, creating unnecessary burdens and barriers in the path of the country’s future generation of business leaders. The IT industry is thrilled about President Trump’s vision and his plans to carry it out, and he is ready to eliminate the obstacles.
The Republican National Committee (RNC) has unveiled a website that describes how Democrats have waged a “war” on cryptocurrencies. This includes Vice President Kamala Harris, who is currently the presumed Democratic candidate for president in 2024 after Biden withdrew.
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