Former President Donald Trump is set to headline a campaign fundraiser at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27. The fundraiser, which coincides with his expected keynote speech at the conference, has top-tier tickets priced at $844,600 per person. This package includes a seat at a roundtable with Trump and a photo opportunity. For those who only wish to attend the reception and have a photo taken with the former president, tickets are priced at $60,000 per person or $100,000 per couple.
The Bitcoin 2024 conference, recognized as one of the largest annual gatherings for cryptocurrency enthusiasts, will also feature other prominent speakers, including presidential candidate Robert F. Kennedy Jr. and ARK founder and CEO Kathie Wood. Trump’s appearance at the conference marks a significant shift in his stance on cryptocurrency. During his presidency, Trump referred to Bitcoin as a “scam,” but in recent months, he has embraced the crypto sector, positioning himself as the pro-crypto candidate for the 2024 presidential race.
Trump’s campaign has been actively engaging with the cryptocurrency community, accepting digital currency donations and pledging to defend the rights of those who self-custody their coins. This stance contrasts sharply with the current administration’s regulatory approach. The Biden administration has been skeptical of cryptocurrencies, with the Securities and Exchange Commission increasing its enforcement actions against the sector.
In May, Trump promised to end what he described as the “hostility” towards the crypto industry from Biden regulators and Democrat lawmakers if he were elected. He also endorsed Bitcoin, claiming it would help the United States achieve energy dominance. His running mate, Ohio Senator JD Vance, is known for his advocacy of looser crypto regulations and has publicly disclosed his personal holdings in Bitcoin.
Speculation is also mounting that Trump may announce plans to make Bitcoin a strategic reserve for the United States at the conference. This rumor was sparked by a post from Satoshi Action Fund co-founder Dennis Porter, who claimed that credible sources indicated such an announcement might be forthcoming. While there has been no confirmation from Trump’s campaign team, the potential announcement aligns with the high-caliber nature of past revelations made at the conference.
The cryptocurrency community has shown strong support for Trump, with significant endorsements and donations from major Bitcoin investors. In June, the Winklevoss twins, Cameron and Tyler, endorsed Trump and donated $1 million worth of Bitcoin each to his campaign. This support underscores the growing political influence of the crypto sector and its alignment with Trump’s policy proposals.
As the Bitcoin 2024 conference approaches, all eyes will be on Trump’s appearance and any potential announcements that could signal a major shift in U.S. cryptocurrency policy.
