David Bailey, CEO of the media company Crypto BTC Inc. and advisor close to US President Donald Trump on digital assets, would have raised $ 300 million to launch a new Bitcoin investment business.
The company, named Nakamoto, after the pseudonym designer of Bitcoin, Satoshi Nakamoto, aims to become a listed business focused on the acquisition and holding of the cryptocurrency, reported CNBC, citing people familiar with the problem. Information was the first to cover history.
The financing round, which has been discreetly in motion since January, includes $ 200 million in equity and $ 100 million in convertible debt, said a familiar source with the CNBC affair.
Although the company has not officially announced the increase, an official revelation and a merger with a listed company at Nasdaq is expected next week. The combined entity should become public this summer, according to the report.
“No comments,” wrote Bailey in an article on May 7 on X, apparently in response to the news of the investment company Bitcoin (BTC).
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New Bitcoin companies are launching
Nakamoto’s strategy is modeled on that of companies and strategy, which has turned into a Bitcoin relaxation power under Michael Saylor.
The company will invest and acquire companies worldwide, in countries such as Brazil, Thailand and South Africa, while deploying Bitcoin within the framework of its capital structure.
The company would be supported by high -level investors and includes advisory advice featuring several leading figures from the financial and cryptographic sectors.
Bailey’s decision is taking place in a renewal of enthusiasm for the institutional investment of Bitcoin, following a series of advertising advertisements of major funds from companies like Twenty One and Strive Asset Management.
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On April 24, Twenty One Capital, led by the founder of Strike, Jack Mallers, with the support of Tether, SoftBank and Cantor Fitzgerald, said that he was planning to supplant Saylor’s strategy to become the “upper vehicle for investors looking for an exposure to capital effective bitcoin”.
On May 7, Strve Asset Management, founded by the entrepreneur and former presidential candidate Vivek Ramaswamy, also revealed transition plans to a Bitcoin cash company.
The company makes public by a reversed merger and plans to use the company’s combined actions to accumulate Bitcoin. Once the agreement is concluded, strive to issue around $ 1 billion in shares and debt and use the product to accumulate BTC.
“The pace of launching these new BTC companies is accelerating,” said Tylerd, influencer of Crypto Tylerd, in an article on X.
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