Bitcoin Magazine CEO plans to raise $15 million for Trump's campaign

2024-07-16 08:12:24

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ChainCatcher news, according to Cointelegraph, Bitcoin Magazine CEO David Bailey plans to raise $15 million for former President Trump's campaign later this month.

The fundraising event may take place at or shortly after the Bitcoin conference in Nashville. This fundraising event and the Bitcoin conference will occur against the backdrop of increasing political tension and violent rhetoric in the United States.

During his term from 2017 to 2021, Trump referred to cryptocurrency as "not money" and "based on fantasy," but changed his strategy after announcing his reelection campaign in 2022, stating that his campaign would accept cryptocurrency and plans to ensure that all remaining Bitcoin is produced in the United States.

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