David Bailey Raises $300 Million For New Bitcoin Investment Firm Nakamoto

David Bailey, CEO of BTC Inc. and a key advisor to former President Donald Trump on cryptocurrency policy, has secured $300 million to launch Nakamoto, a publicly traded Bitcoin investment company. The funding includes $200 million in equity and $100 million in convertible debt, following development since January 2025. Bailey’s new venture will focus on acquiring and holding Bitcoin as its primary business strategy. The company plans to merge with a Nasdaq-listed firm and become publicly traded this summer, according to sources familiar with the deal. Bailey declined to comment publicly. This follows a surge in Bitcoin investment companies like Twenty One Capital, which has raised $3.9 billion in funding and held 42,000 bitcoins. Other players like Strive Asset Management, founded by Vivek Ramaswamy, are also making similar moves. The market is evolving with companies like Bailey’s Nakamoto seeking to capture a piece of the rapidly growing Bitcoin investment sector.