All Perspectives, One Place.
Published loading...Updated

Trump Crypto Advisor Rakes In $300 Million For Bitcoin Investment Company That Hopes To Bring MSTR Model To The World - Strategy (NASDAQ:MSTR)

  • David Bailey, CEO of BTC Inc. And a crypto consultant to President Donald Trump, secured $300 million in funding to establish Nakamoto, a publicly traded company focused on bitcoin investment, planned for launch in 2025.
  • Starting in January, Bailey initiated a fundraising effort aiming to secure $200 million through equity investment alongside an additional $100 million raised via convertible notes to form Nakamoto, which will combine with a currently Nasdaq-listed firm.
  • Nakamoto plans to acquire and hold bitcoin, investing in companies worldwide, including targets in Brazil, Thailand, and South Africa.
  • CNBC confirmed the $300 million fundraising, with Bailey expressing that Bitcoin is becoming a global reserve asset much earlier and more rapidly than anticipated.
  • This new firm reflects a growing trend of bitcoin-focused public companies and suggests accelerating institutional adoption and strategic investment in bitcoin assets.
Insights by Ground AI
Does this summary seem wrong?

16 Articles

All
Left
Center
3
Right
CNBCCNBC
Reposted by
Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap
Center

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded bitcoin investment company.

·United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in Manila, Philippines on Wednesday, May 7, 2025.
Sources are mostly out of (0)