Gary Cardone Donates Bitcoin to Donald Trump's Presidential Campaign

American businessman Gary Cardone donated 12.8 Bitcoin (BTC) to Donald Trump's Presidential Campaign ahead of the US elections.

Gary Cardone, an American businessman, has donated 12.8 Bitcoin (BTC) to Donald Trump's Presidential Campaign ahead of the US elections. Cardone, who is known for his strong support of Bitcoin, made the donation as part of a broader effort by crypto and tech executives to push pro-industry regulations.

Gary Cardone Discloses Bitcoin Donation to Donald Trump CampaignGary Cardone revealed his donation to the Trump campaign following the 2024 Bitcoin Conference, which generated bullish sentiments and commitments from industry executives and lawmakers. Cardone donated 12.8 BTC, valued at over $850,000, highlighting the significance of BTC in the current economic landscape.

"I am honored to announce my 12.8 BTC donation to the Trump Administration, something I have NEVER done," Cardone stated. "But for Bitcoin, I will die on the position that this is the most important moment in world history offering freedom, peace, and an ability to get off of the never-ending escalator required to outpace the loss of power and value caused by the current system."

According to Cardone, Trump is one of the most remarkable disruptors, akin to every Bitcoiner, particularly in the face of regulatory pushbacks. Meanwhile, Donald Trump raised $25 million in Nashville, marking the second-highest fundraiser in three campaigns, as reported by Bitcoin enthusiast David Bailey.

"Trump had his second-highest fundraiser of the three campaigns in Nashville last night ($25M), largely thanks to Gary Cardone, who donated 12.8 BTC," Bailey noted.

Gary Cardone at the 2024 Bitcoin Conference in Miami. Source: Gary Cardone/TwitterGary Cardone at the 2024 Bitcoin Conference in Miami

In the lead-up to the elections, lobbyists and crypto executives have engaged in extensive efforts to shape the political landscape favorably for the crypto industry. As a result, the broader market has supported pro-crypto lawmakers and executives to influence the regulatory environment.

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