REVEALED: Michael Bloomberg will spend at least $100M to help Joe Biden win Donald Trump's adopted home state of Florida
Former New York City Mayor Michael Bloomberg is committing at least $100 million to help Joe Biden's presidential campaign in the crucial battleground state of Florida.
Bloomberg's late stage infusion of cash reflects Democrats' concerns about the tight race in a state that is a priority for President Donald Trump.
A victory for Biden in Florida, the largest of the perennial battleground states, would significantly complicate Trump's path to reaching the 270 Electoral College votes needed to secure a second term.
Former New York City Mayor Michael Bloomberg will donate $100 million to help Joe Biden beat President Donald Trump in Florida
The billionaire Bloomberg launched his own campaign for the Democratic nomination late last year amid worries about Biden's strengths.
Bloomberg spent approximately $1 billion on his presidential campaign.
The former New York City mayor only seriously competed in the Super Tuesday primaries on March 3 and only won American Samoa.
He dropped out of the presidential race on March 4 and quickly endorsed Biden.
Bloomberg and other moderate Democratic presidential candidates backed the former vice president in order to stop Vermont Sen. Bernie Sanders' momentum, who campaigned farther to the left.
Biden and Sanders stopped campaigning due to the coronavirus pandemic in mid-March, and by April Sanders had also bowed out of the race and backed Biden.
Bloomberg's new spending is intended to boost Biden before the start of early voting in Florida, which begins on Sept. 24.
A Bloomberg adviser said much of the money will go to television and digital advertising.
Trump changed his residency to the important swing state in October 2019.
He registered to vote from his Mar-a-Lago estate in Palm Beach, Florida.