Trump Campaign Advisor Launches $300M Bitcoin Investment Firm

David Bailey, who served as an advisor to Donald Trump, has launched a $300 million Bitcoin investment firm called Nakamoto. This move is significant because it signals heightened institutional interest in Bitcoin and could impact market dynamics globally. Bailey plans to launch the firm publicly this summer and secure funding through the IPO process. This ambitious venture echoes Michael Saylor’s successful strategy of holding Bitcoin on balance sheets, with a similar investment strategy aimed at expanding Bitcoin’s institutional presence.