Trump Cripto Advisor David Bailey $ 300 million Bitcoin Investment Co

David Bailey, General Manager of the Media Group BTC Inc. And key President Crypto Advisor Donald Trumpraised $ 300m to start publicly traded Bitcoin The investment company, CNBC confirmed.

The agreement, which was in work since January, consists of $ 200 million in financing and 100 million in convertible debt, in the opinion that is familiar with the question that it has not been appointed, because it is not announced. Info He first covered the story.

Bailey is called Nakamoto, honor of Pseudonimous Bitcoin Creator Satoshi Nakamoto. It will focus on gaining and holding Bitcoin and connects to an existing NASDAD in a transaction that is expected to be announced at the beginning of next week, a person said. The public list of the company is expected this summer.

Nakamoto plans to buy companies around the world, including Brazil, Thailand and South Africa and invest in Bitcoin in them, said the source. Submission is supported by the list of known investors, with the advisory board, which includes prominent figures, a person said.

The Bitcoin investment increases large amounts of money, often through a combination of capital and debt, buy and hold Bitcoin. Their stock becomes another way that investors are betting at the price of Bitcoin.

Michael Sailor, Founder Strategy (Previously Microstrategi), popularized the model, turning its reserves in Bitcoin starting from 2020. years. This move has converted a software company in the de facto Bitcoin Holding company, with values His stock increases as bitcoin. It is now one of the world’s largest owners of bitcoin.

Jack Mallers, who cried in the glory by starting the strike application, secured billions of dollars for his ventcoin maintenance Twenty-onewhich is supported by softbank and mooring.

“What we really are proud of is that the credibility of blue chips with starting upside down”, this week they told CNBC’s Crypt’s world this week. “We feel like we are big enough to win the market with billions of dollars, but we are small enough to grow and enough to return to Bitcoin in what becomes a really competitive capital market.”

Watch: Jack Mallers looking at a rival strategy with a new company Bitcoin supported with tether and softbank