David Bailey Raises $300M for New Bitcoin Investment Firm

David Bailey, CEO of crypto media company BTC Inc. and a close advisor to former US President Donald Trump on digital assets, has raised $300 million to launch a new Bitcoin investment firm. This venture, named Nakamoto after the creator of Bitcoin, is poised to become publicly traded by merging with a Nasdaq-listed company as early as next week. The combined entity is expected to go public this summer.