Trump Crypto Advisor Raises $300,000,000 for New Bitcoin (BTC) Investment Firm Named Nakamoto: Report
An active crypto adviser to the President of the United States is raising funds to launch a Bitcoin (BTC) investment firm.
According to a new CNBC report, Trump crypto adviser David Bailey has raised $300 million in funding for a new BTC investment company, Nakamoto.
The $300 million fundraising includes $200 million in equity and $100 million in convertible notes.
Following the approach of Strategy, formerly MicroStrategy, the investment firm intends to buy and hold BTC.
Stripe payments app founder Jack Mallers, himself launching a different BTC-holding venture called Twenty One, said in the report:
“What we really pride ourselves on is being blue-chip credibility with startup upside. We feel like we’re big enough to win…
