Former President Donald Trump is set to headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, with the most expensive tickets costing $844,600 per person.
According to an invitation shared with CNBC, the July 27 event coincides with President Trump being expected to deliver a keynote address at the conference, the largest gathering of cryptocurrency enthusiasts in the United States.
The price of the top-of-the-line tickets, which include a seat at a roundtable discussion with President Trump, is set at the maximum amount that an individual can donate to the Trump 47 Committee, the largest joint fundraising committee for President Trump and the Republican Party.
The next level includes a photo opportunity with the former president and costs $60,000 per person or $100,000 per couple, according to the invitation.
Trump had agreed to headline the Music City Center rally shortly before surviving an assassination attempt on July 13.
A Trump campaign spokesman did not respond to a request for comment about the Nashville speech.
In recent months, President Trump has presented himself as a pro-cryptocurrency presidential candidate, reversing his previous positions while in the White House.
President Trump launched his latest collection of non-fungible tokens on the Solana Blockchain in April and has since continued to make increasingly bullish comments about cryptocurrencies.
The Trump campaign is accepting donations in the digital currency, and Trump has personally pledged to protect the rights of people who choose to self-custody their coins, meaning they do not rely on a centralized authority. Coinbase Instead of holding the tokens, you would hold them yourself in your personal cryptocurrency wallet, which may be outside the jurisdiction of the National Tax Agency.
At the Libertarian National Convention in Washington in May, Trump also vowed to keep Massachusetts Democratic Senator Elizabeth Warren in office., And alienate “her people” from Bitcoin holders.
Meanwhile, after meeting at Mar-a-Lago with about a dozen executives from bitcoin mining companies who pledged to donate cash and votes, Trump declared that if he returns to the White House, all future bitcoin will be issued in the United States.
The Republican presidential candidate on Monday nominated Ohio Sen. J.D. Vance as his running mate, a move seen by many as a win for the cryptocurrency industry. Vance has advocated for deregulation of cryptocurrencies and revealed that he personally owns Bitcoin in 2022.
This stands in stark contrast to the Biden administration, which has consistently taken a skeptical stance on cryptocurrency regulation, and under which the Securities and Exchange Commission has stepped up enforcement efforts against the cryptocurrency sector.
In the absence of strict regulations from Congress, the United States has proven to be one of the most aggressive enforcers of penalties and legal action against cryptocurrency companies.
In this election, cryptocurrency has become a key conduit for cash and votes for crypto advocates.
The day after Trump nominated Vance as his nominee, venture capitalists Marc Andreessen and Ben Horowitz told Andreessen Horowitz employees they planned to make large donations to a political action committee supporting Trump’s campaign.
“I think they sued over 30 companies,” Horowitz said. He said this on an episode of “The Ben & Mark Show.” The co-founder of a16z is here.
“They’ve lost most of these lawsuits, but the problem is that startups don’t have the money to fight the U.S. government, so they’re trying to destroy the industry in this way,” he said.
FairShake, a super PAC backed by some of the biggest names in the crypto industry, is one of the highest-funded PACs this election cycle: Of the $160 million it has raised in total, 94% has come from just four companies: Ripple, Andreessen Horowitz, Coinbase, and JumpCrypto.
In early June, technologists, cryptocurrency executives and venture capitalists paid up to $300,000 a ticket to attend a Trump fundraiser in San Francisco, but ultimately Over $12 million raised.
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