Trump Crypto consultant David Bailey in discussions on the start of the BTC Investment Company: The Information

David Bailey, CEO of BTC Inc., the owner of Bitcoin Magazine, Plant to start a publicly traded Bitcoin (BTC) positioning investment company.

Bailey, who advised Donald Trump about the crypto policy during his presidential campaign from 2024, is reportedly looking for around 200 million US dollars through a private share sale and additional debt rescheduling of $ 100 million in order to finance a small listed company for buying Bitcoin.

The company – whose name is not yet known – will merge with BTC Inc. and, according to the people, referred to as “Nakamoto” after the Bitcoin creator Satoshi Nakamoto. The deal could be announced next week.

His plans follow those of several other companies and are based on the success of the strategy chairman Michael Saylor, who has been able to advance the company’s share price for over 3,000% since Bitcoin was renamed Treasury Reserve in Treasury and as Bitcoin strategy company.

Last month, PowerHouses Softbank, Tether and Cantor Fitzgerald terminated a Bitcoin investment vehicle of 3.6 billion US dollars with the intention of buying Bitcoin. Before that, Strive Asset Management said that it merged with asset companies into a listed Bitcoin Asset Management Company.