Trump Crypto Advisor David Bailey to Raise $300M for Bitcoin Investment Venture

By: crypto news|2025/05/08 13:45:01
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BTC Inc’s CEO David Bailey, a prominent crypto advisor to President Donald Trump, is moving to launch a publicly-traded Bitcoin investment company. According to CNBC, Bailey has already secured $300m in funding for the venture, while The Information reported that he is still seeking the funds through private equity and convertible debt.This funding package is expected to consist of $200m in equity and $100m in convertible debt, with plans to use the capital for acquisitions and investments. David Bailey, who advised Trump on crypto policy, is raising $300M to launch a publicly traded bitcoin investment firm, aiming to follow the successful path of Strategy. Discover more: https://t.co/nf0fVNihYa#Bitcoin— The Information (@theinformation) May 7, 2025Bailey-Led Firm Nakamoto to Merge with Nasdaq FirmThe deal has been in the works since January. As a result, Bailey’s company, Nakamoto, will merge with an existing Nasdaq-listed firm. The merger announcement is expected early next week. Following that, the company’s public listing is anticipated later this summer.Bailey’s company, named after the pseudonymous Bitcoin creator Satoshi Nakamoto, will focus on acquiring and holding Bitcoin. This strategy will provide a new avenue for investors to gain exposure to the cryptocurrency. Moreover, Nakamoto plans to expand globally. Specifically, it aims to invest in companies across countries like Brazil, Thailand, and South Africa.Nakamoto Attracts High-Profile Investors and Advisory Board to Back Bitcoin StrategyThe venture has already attracted a lineup of prominent investors. It will also feature a high-profile advisory board. Bitcoin investment firms like Nakamoto raise significant capital through a combination of equity and debt. This capital is used to buy and hold Bitcoin, offering investors an indirect way to bet on the asset’s price fluctuations.Bailey’s approach is aligned with the strategy popularized by Michael Saylor, the founder of Strategy (formerly MicroStrategy). In 2020, Saylor began converting the company’s cash reserves into Bitcoin.This shift transformed MicroStrategy into a Bitcoin holding company. As a result, its stock price soared alongside Bitcoin’s value. Today, MicroStrategy ranks among the largest corporate holders of Bitcoin. This sets the stage for Nakamoto to follow suit and capitalize on the growing demand for Bitcoin investment opportunities.The post Trump Crypto Advisor David Bailey to Raise $300M for Bitcoin Investment Venture appeared first on Cryptonews.

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