Former US President and Republican presidential candidate Trump attended a campaign event held in Philadelphia, Pennsylvania, USA on June 22, 2024.
Shannon Stapleton | Reuters
Former President Donald Trump will host a campaign fundraiser in Nashville during the Bitcoin Conference, with top ticket prices at $844,600 per person.
According to an invitation shared with CNBC, the July 27 event will coincide with Trump’s expected keynote address at a conference, the largest gathering of cryptocurrency fans in the country.
Top-tier tickets, which include a seat at a roundtable with Trump, are priced at the maximum amount an individual is allowed to donate to Trump and the Republican Party’s largest joint fundraising committee, known as the Trump 47 Committee.
The next level includes a photo with the former president for $60,000 per person and $100,000 per couple, according to the invitation.
Trump signed on to headline the Music City Center rally shortly after his July 13 assassination attempt.
A spokesman for the Trump campaign did not respond to a request for comment about his appearance in Nashville.
In recent months, Trump has positioned himself as a pro-cryptocurrency presidential candidate, a reversal from his previous stance while in the White House.
Trump launched his latest series of non-fungible tokens on the Solana blockchain in April and has since made increasingly optimistic comments about cryptocurrencies.
The Trump campaign is accepting digital currency donations and he has personally pledged to defend the rights of those who choose to self-custody their tokens, meaning they do not rely on people like Coin library Instead of holding their coins, they do so themselves in personal crypto wallets, which are sometimes outside the jurisdiction of the IRS.
Trump also vowed to retain Massachusetts Democratic Sen. Elizabeth Warren at the Libertarian Party’s national convention in Washington in May., and “her thugs” away from Bitcoin holders.
Meanwhile, after meeting at Mar-a-Lago with more than a dozen Bitcoin mining executives who pledged cash and votes to him, Trump announced that if he returns to the White House, all future Bitcoins will be minted in the United States.
On Monday, the Republican presidential candidate named Ohio Senator J.D. Vance as his running mate — a move that many viewed as a net win for the cryptocurrency industry. Vance advocates deregulation of cryptocurrencies and revealed in 2022 that he personally holds Bitcoin.
This is in stark contrast to the Biden White House, which has been skeptical of cryptocurrency regulation. Under Biden, the SEC has stepped up its actions against the industry.
In the absence of hard-and-fast rules from Congress, the United States has proven to be one of the most aggressive enforcers of penalties and legal challenges against cryptocurrency companies.
Cryptocurrencies have become a critical conduit of cash and votes during this election cycle.
A day after Trump nominated Vance, venture capitalists Marc Andreessen and Ben Horowitz told Andreessen Horowitz staff they planned to make significant donations to political action committees supporting Trump’s campaign.
“They’ve sued over 30 of our companies,” Horowitz said on “The Ben & Marc Show,” featuring the a16z co-founder.
“They’ve lost almost all of these lawsuits, but the thing is, when you’re a startup, you don’t have the money to fight the U.S. government. So they’re nuking the industry in this way,” he said.
Fairshake, a super PAC backed by top cryptocurrency companies, is now one of the highest-spending PACs this election cycle. Of the $160 million in total donations it raised, 94% can be traced to four companies: Ripple, Andreesen Horowitz, Coinbase, and Jump Crypto.
In early June, technologists, cryptocurrency executives and venture capitalists paid up to $300,000 per ticket to attend a Trump fundraiser in San Francisco that ultimately raised more than $12 million.
