Bitcoin

Donald Trump Raises Over $4 Million in Bitcoin and Crypto Donations

Former President Donald Trump, now the Republican nominee for the 2024 presidential election, has raised over $4 million through various digital tokens, a campaign aide confirmed to CNBC. The donations include Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, the USDC stablecoin, and a range of meme coins, as detailed in a Federal Election Commission filing.

According to the filing, at least 19 donors contributed more than 2.15 million Bitcoin to Trump’s campaign. These contributors come from 12 states, including several key battlegrounds. Their professions are diverse, spanning homemakers, U.S. military officers, missionaries, painters, pizza sales representatives, and even a security technician with the State Department.

The major contributions came from crypto billionaire twins Tyler and Cameron Winklevoss, who each donated 15.57 Bitcoin, totaling just over $1 million at the time. Due to the contributions exceeding the $844,600 limit, part of their donations were refunded. Additionally, Mike Belshe, CEO of digital asset security firm BitGo, contributed $50,000 in Bitcoin.