US President Donald Trump will preside over the “Cryptocurrency and Artificial Intelligence Innovators” dinner, with a staggering ticket price of $1.5 million per attendee, CNBC reported.
This high-profile event, organized by the pro-Trump super PAC MAGA Inc, is one of the most expensive political fundraisers in recent memory.
The dinner will also feature David Sacks, a tech investor and influential venture capitalist whose rising prominence in Washington has been welcomed by the crypto industry. Sacks and others close to Trump are credited with helping usher in a major regulatory shift in favor of digital assets, in stark contrast to the Biden administration’s more cautious stance.
In addition to the May 5 dinner targeting wealthy political donors, Trump has scheduled a second cryptocurrency-themed gathering for May 22. The unique event, geared toward “memecoin millionaires,” will not accept cash donations. Instead, attendees will be required to hold TRUMP tokens, signaling a deeper adoption of blockchain-native fundraising models.
While MAGA Inc. continues to make millions through these private dinners, it remains transparent about how the super PAC spends its significant donations.
*This is not investment advice.
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