Donald Trump’s cryptocurrency adviser invests $ 300 million in bitcoin

David Bailey, CEO of BTC Inc. and former Donald Trump’s crypto advisor, is preparing to launch a public investment company Nakamoto with a start-up capital of $ 300 million. The company will specialize in the acquisition and storage of bitcoin BTC $103,052.55 Bitcoin 1.85% Market capitalization $2.05 trillion VOL. 24 hours $3.59 billion as its main asset and will be listed on the Nasdaq exchange this summer.

According to The Information, Nakamoto’s financing structure includes $ 200 million in equity from private investors and another $ 100 million in convertible debt. After the merger with BTC Inc. the company will be named Nakamoto in honor of bitcoin creator Satoshi Nakamoto. The company is expected to go public after the deal is officially announced in May 2025.

According to sources familiar with the details of the project, Nakamoto will focus on investing exclusively in bitcoin and related assets. The company’s potential development areas include the acquisition of businesses in Brazil, Thailand, and South Africa with the subsequent contribution of capital in the form of bitcoin.

Nakamoto’s board of advisors will include influential representatives of the financial and cryptocurrency sectors. Thus, the company is following the strategy of Сейлор" href="https://noworries.news/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor, who turned MicroStrategy into a bitcoin-oriented company in 2020. Today, it has more than 500 thousand bitcoins on its balance sheet.

Bernstein analysts predict that corporations will invest up to $ 330 billion in bitcoin by 2029. The successful example of MicroStrategy, which increased its initial investment of $ 250 million more than 200 times, inspires new companies to follow this model.