Donald Trump Raises $11.6 Billion in Crypto Donations! BTC and ETH Dominate 2024 Campaign
Trump has stolen the spotlight again, this time by collecting donations of $7.5 million or equivalent to Rp116,427,447,000 in cryptocurrency to support his 2024 US presidential election campaign.
This funding represents a significant increase in the acceptance of crypto in politics, especially for the notoriously pro-crypto Trump campaign.
Donald Trump has managed to attract large donations in the form of Bitcoin and Ethereum, with his PAC (Political Action Committee) raising over $7.5 million in cryptocurrencies such as Bitcoin $BTC , Ethereum $ETH , $XRP , Tether, and USDC.
Based on a report from the Federal Election Commission (FEC) filed on October 15, 2024, the majority of donations came from the period July 1 through September 30, 2024.
Eighteen donors donated more than $5.5 million in Bitcoin, while about seven individuals donated about $1.5 million in Ethereum. One prominent donor, David Bailey, CEO of BTC Inc., donated more than $498,000 in Bitcoin.
Additionally, Chase Herro, a co-founder of Trump's World Liberty Project, has also emerged as a new donor who has made a large contribution to the PAC.
