Trump crypto adviser to launch bitcoin investment company

Posted online May 8, 2025 | 7:53 am

David Bailey, a crypto adviser to President Donald Trump and CEO of BTC Inc., is launching a new bitcoin investment company.

Bailey has reportedly raised $300 million for the launch of the company called Nakamoto. The name is a nod to bitcoin creator Satoshi Nakamoto.

People familiar with the matter said Nakamoto would soon merge with an existing Nasdaq-listed company.

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Trump crypto adviser to launch bitcoin investment company

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