With leading industry figures donating bitcoin to support his campaign as the upcoming US election approaches, former President and presidential candidate Donald Trump has witnessed immense support from the crypto community. The latest donation to Trump's campaign x.com/GaryCardone/status/1818632385090474027″ target=”_blank” rel=”noopener nofollow”>came by Gary Cardone, a popular digital asset investor.
Cardone supports Trump with a donation in bitcoins
On Wednesday, American financial and business magnate Gary Cardone made a statement bitcoin Cardone's donation of $852,000 to support Donald Trump in the US election is now seen as a major boost to his presidential campaign. This significant contribution demonstrates Cardone's confidence in the former US president to drive innovation following his victory.
According to Cardone, he had never funded any political figure until the Trump administration, and he is pleased with himself for having decided to donate 12.8 bitcoinCardone's contribution is attributed to his belief in bitcoin, which he considers to be the most significant thing in human history.
The American entrepreneur backs btc for its potential to offer freedom, peace, and the opportunity to get off the endless escalator needed to overcome the loss of value and power induced by the current system.
Cardone's perspective came in response to bitcoin Magazine CEO David Bailey's post about the $25 million raised following Trump’s speech at the recently concluded Bitcoin2024 conference in Nashville. Specifically, the funds originated from the industry in conjunction with whales and OGs, marking Trump’s second-largest fundraising haul in his three presidential campaigns.
Expressing his satisfaction with the development, Cardone praised Bailey for a job well done, while extending his gratitude to these industry participants and the whales for the fundraising, which he sees as an essential catalytic moment that only Trump could trigger.
Furthermore, the entrepreneur expressed his optimism towards the former president, calling Trump one of the most notable disruptors in history due to the similarities between him and all btc holders. “He’s certainly a fighter like the rest of us,” Cardone added.
Other notable donations to support Trump
It is worth noting that Gary Cardone is not the only popular industry figure who has donated funds to support Donald TrumpTrump's pro-cryptocurrency movement. Since Trump announced his pro-cryptocurrency stance during one of his campaigns, major players such as the Winklevoss twins and Kraken co-founder Jesse Powell have contributed to the presidential candidate.
In late June, Cameroon and Tyler, known as the The Winklevoss Twins and founders of the Gemini exchange, supported Trump's operations with $2 million in bitcoin. Each brother offered $1 million worth of btc, demonstrating their shared optimistic views toward the former president.
These donations from prominent figures highlight the industry's ongoing efforts to achieve a more transparent and friendly environment for digital assets, which they believe Trump could achieve once he takes office.
Featured image from LinkedIn, chart from Tradingview.com
