David Bailey, Trump crypto advisor, secures US$300 million for publicly traded Bitcoin investment firm
8th May 2025 – (New York) David Bailey, the CEO of BTC Inc. and a notable crypto advisor to President Donald Trump, has successfully raised $300 million to establish a publicly traded Bitcoin investment company, as confirmed by CNBC.
The funding for this new venture, named Nakamoto in honour of the mysterious Bitcoin creator Satoshi Nakamoto, comprises $200 million in equity and an additional $100 million in convertible debt. This development marks a significant step in the expanding realm of Bitcoin-focused public enterprises, aligning with the launch of other notable entities such as Twenty One, the SoftBank-supported firm led by Jack Mallers.
The plan for…
