From Cointelegraph

May 8, 2025 03:18:00 AM:

David Bailey, CEO of BTC Inc. and Trump adviser, raises $300 million for new Bitcoin investment firm named Nakamoto. Funding includes $200 million in equity and $100 million in convertible debt. Merger with Nasdaq-listed company expected next week, firm to go public this summer. Bailey responded with “No comment” on X. Nakamoto follows Strategy’s model of becoming a Bitcoin-holding powerhouse. The firm plans to invest globally and deploy Bitcoin as part of its capital structure. Backed by high-profile investors with an advisory board featuring financial and crypto figures. Institutional Bitcoin investment gaining momentum with major fundraising announcements. Twenty One Capital and Strive Asset Management competing to become top Bitcoin investment vehicles. Strive Asset Management plans to transition into a Bitcoin treasury company and issue $1 billion in equity and debt to accumulate BTC. The pace of new BTC companies launching is accelerating according to crypto influencer TylerD.

Read more at Cointelegraph: Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm