Trump Crypto Adviser Raises $300 Million for New Bitcoin Investment Firm

Highlights:

• David Bailey is launching a publicly traded Bitcoin investment firm called Nakamoto.
• Nakamoto has secured $300 million in funding, aiming for a public listing this summer.
• Bailey’s venture is entering a market with growing institutional interest in Bitcoin investments.

David Bailey, CEO of BTC Inc. and a key digital asset advisor to former US President Donald Trump, is launching a public Bitcoin investment company. He has secured $300 million in funding, according to CNBC. The Information says he is still looking for more through private equity and convertible debt. The funding round began quietly in January and includes $200 million in equity and $100 million in convertible debt. 

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, 2025

The newly launched venture, named Nakamoto in honor of Bitcoin’s creator, seeks to go public as a Bitcoin-focused holding company. Reports indicate it also intends to back companies based in regions like Brazil, Thailand, and South Africa. Although the company has not made a public announcement yet, it is expected to merge with a company already listed on Nasdaq, with the official reveal likely coming next week. The combined company aims to go public this summer. 

Nakamoto Gains Big Investors and Follows MicroStrategy’s Bitcoin Model

The firm has attracted well-known investors and advisors from the finance and crypto sectors. The venture has gained support from big-name investors. It will also have a well-known advisory team. On May 7, Bailey posted “No comment” on X. This seemed to be his response to the news about the Bitcoin investment firm.

No comment

— David Bailey $1.0mm/btc is the floor (@DavidFBailey) May 7, 2025

Nakamoto’s strategy is similar to that of MicroStrategy, which became known for holding large amounts of Bitcoin. Back in 2020, Michael Saylor began moving Strategy’s cash into Bitcoin, gradually turning the company into a significant Bitcoin-holding entity. As Bitcoin’s value rose, so did MicroStrategy’s stock. Now, Strategy is one of the biggest corporate Bitcoin holders, paving the way for Nakamoto to do the same and tap into the rising demand for Bitcoin investments. 

Rising Institutional Interest in Bitcoin Investment

Nakamoto is entering the market as institutional interest in Bitcoin grows quickly. Other firms, like Twenty-One Capital and Strive, are also investing heavily in Bitcoin. On May 7, Strive Asset Management, established by Vivek Ramaswamy, announced plans to evolve into a Bitcoin treasury company. It plans to go public via a reverse merger and acquire Bitcoin using company shares. After the deal, Strive plans to raise about $1 billion through equity and debt to buy more Bitcoin.

Send it Vivek!

Congrats @ColeMacro https://t.co/Tl3P1iRhcH

— David Bailey $1.0mm/btc is the floor (@DavidFBailey) May 7, 2025

Bailey’s strong ties to President Trump make this move even more interesting. As a key crypto advisor, it shows Bitcoin is gaining wider acceptance as an investment. The $300 million raise puts Nakamoto in a strong position in the growing Bitcoin investment market. 

Bailey played a key part in helping Trump support Bitcoin. He worked with Tracy Hoyos-López, a former prosecutor from California, and Amanda Fabiano, a Bitcoin mining expert. During his campaign, Trump called for a national Bitcoin stockpile and created one after taking office. At the time of writing, Bitcoin was trading at $99,535, showing a 2.48% gain in the last 24 hours.