Trump turns conviction into cash — with a 'record shattering' $34.8M fundraising haul
SUMMARY
After his conviction on 34 felony counts, Donald Trump raised $34.8 million from small donors. His campaign touted this as a record-breaking haul, with nearly 30% from new donors on WinRed. Despite system overloads, the campaign urged persistence. Trump framed the conviction as politically motivated, energizing his base for a 2024 rematch with President Biden.
STORY
Trump's Fundraising Surges Post-Conviction
Donald Trump’s campaign announced a record-breaking $34.8 million fundraising haul following his conviction on 34 felony counts. The funds were raised from 6 PM to midnight on Thursday, immediately after the verdict. The campaign emphasized the support from small-dollar donors, nearly doubling their previous best day on the WinRed platform. Notably, 29.7% of the donors were new to the platform.
- Record-Breaking Haul: Trump’s campaign raised $34.8 million from 6 PM to midnight on the day of his conviction.
- Small-Dollar Donors: The campaign emphasized a "record-shattering" influx of small-dollar donations.
- New Donors: Nearly 30% of the donations came from new donors to the WinRed platform.
- Energized Base: The conviction has galvanized Trump's supporters, described as awakening the MAGA movement.
- Technical Glitches: High traffic caused temporary delays on WinRed; donors were encouraged to persist or use alternative platforms like Anedot.
The fundraising surge is seen as part of Trump's strategy to close the gap with President Biden's campaign, which had a substantial cash-on-hand advantage as of April. Trump's team also cautioned other GOP campaigns against leveraging his conviction for their fundraising to avoid diverting donations away from his campaign.
