Trump Crypto consultant David Bailey 300 million US dollar Bitcoin Investment Co.

David Bailey, CEO of the Media Group BTC Inc. and an important crypto consultant by President Donald Trump, has collected 300 million US dollars for the start of a public trade Bitcoin The investment company, CNBC, has confirmed.

The agreement that has been in the works since January consists of 200 million US dollars of equity financing and 100 million US dollars in self -converting debts, according to a person who was familiar with the matter who did not want to be named because the fundraising campaign was not announced. The information first passed to treat the story.

Bailey’s company is called Nakamoto, a tribute to the pseudonymous Bitcoin creator Satoshi Nakamoto. It will focus on acquiring and holding Bitcoin, and will merge with an existing Nasdaq company in a transaction that is expected to be announced at the beginning of next week, the person said. The company’s public list is expected this summer.

Nakamoto plans to buy companies all over the world, including in Brazil, Thailand and South Africa, and invest its Bitcoin in them, said the source. The company is supported by a list of well -known investors with an advisory committee with prominent numbers, the person said.

Bitcoin investment companies collect large sums of money, often through a mixture of equity and debts to buy and keep Bitcoin. Your share is another way for investors to bet on Bitcoin’s price.

Michael Saylor, founder of strategy (Formerly Microstrategy), popular the model and converted its cash reserves in Bitcoin from 2020. The step converted the software company into a de facto -bit -woodenholding company, whereby the value of the share rose as a bitcoin. It is now one of the world’s largest owners of Bitcoin.

Jack Mallers, who became famous by the start of the strike number app, has secured billions of dollars for his Bitcoin holding venture twenty-one, which is supported by Softbank and Tether.

“We are really proud that we have the credibility of blue chips with startup upward trend,” Mallers told CNBCS Crypto World this week. “We have the feeling that we are big enough to win over the market with billions of dollars at the start, but we are small enough to grow, and we are small enough to publish the Bitcoin-Denominated returns in a really competitive capital market focus on Bitcoin exposure.”

REGARD: Jack Mallers has competed with the strategy with the new Bitcoin company, which is supported by Tether and Softbank