David Bailey Launches $300M Bitcoin Investment Firm
- David Bailey, an advisor to Donald Trump’s 2024 campaign, is launching a Bitcoin-focused investment firm named Nakamoto.
- Nakamoto has secured $300 million in funding, with $200 million from private equity and $100 million through convertible debt.
- The firm will specialize in acquiring and holding Bitcoin as its primary asset.
- Nakamoto plans to go public on the Nasdaq exchange this summer.
- The company aims to expand globally by investing in businesses in Brazil, Thailand, and South Africa using Bitcoin capital.
Nakamoto, led by David Bailey, has raised $300 million for its Bitcoin-focused investment strategy and plans a Nasdaq listing this summer.
Source (2.6)https://hodl.press/trumps-crypto-advisor-launches-300m-bitcoin-investment-firm/?rand=24434