Trump raises more than $4 million in bitcoin, other digital coins as crypto support pays off
- Former President Donald Trump has raised more than $4 million in cryptocurrencies.
- Contributors to the Trump 47 Committee have donated bitcoin, ether, Ripple's XRP token and the U.S. dollar pegged stablecoin USDC, according to a Federal Election Commission filing.
- Trump is keynoting a major bitcoin conference in Nashville, Tennessee, on Saturday.
NASHVILLE, Tennessee — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a major bitcoin conference. It's looking like he'll be in front of a favorable crowd.
Trump, the Republican nominee for president, has raised more than $4 million from a mix of digital tokens, a campaign aide told CNBC. Contributors have donated bitcoin, ether, Ripple's XRP token, the U.S. dollar pegged stablecoin USDC and various memecoins, according to a Federal Election Commission filing.
The 1,000-plus page report shows totals for the "Trump 47" joint fundraising committee from April 1 to June 30. The committee raised more than $118 million during that period, with payouts going to the Trump campaign, the Republican National Committee and other parties, according to the filing.
At least 19 donors contributed more than $2.15 million bitcoin to the committee, the filing shows. Contributors hail from 12 states, including a few battlegrounds. Their professions include homemaker, U.S. military officer, missionary, painter, sales rep for a pizza company and a security technician with the State Department.
Crypto billionaire twins Tyler and Cameron Winklevoss led the charge, each contributing 15.57 bitcoin, or just over $1 million at the time of their donation. Because their contributions surpassed the $844,600 limit, the filing indicates that the money was