Former Trump Crypto Advisor David Bailey Launches Bitcoin Investment Firm ’Nakamoto’
David Bailey, CEO of BTC Inc. and a former cryptocurrency advisor to Donald Trump’s 2024 campaign, is making headlines with his latest venture—a publicly traded Bitcoin investment firm codenamed ’Nakamoto.’ The firm aims to raise $200 million through private share sales, supplemented by an additional $100 million in convertible debt. This move mirrors successful institutional Bitcoin investment structures and underscores the growing institutional interest in digital assets. The name ’Nakamoto’ pays homage to Bitcoin’s pseudonymous creator, Satoshi Nakamoto, symbolizing the firm’s commitment to the foundational principles of Bitcoin. As of May 2025, this development signals a significant step forward in the mainstream adoption of cryptocurrency investments, particularly for institutional players. Bailey’s involvement, given his high-profile advisory role in Trump’s campaign, adds a layer of political and financial intrigue to the story. The firm’s launch could further legitimize Bitcoin as a viable asset class for traditional investors, potentially driving increased demand and price appreciation in the long term.
Trump Crypto Advisor David Bailey Plans Bitcoin Investment Firm ’Nakamoto’
David Bailey, CEO of BTC Inc. and a former cryptocurrency advisor to Donald Trump’s 2024 campaign, is in advanced talks to launch a publicly traded Bitcoin investment vehicle. The proposed entity—codenamed "Nakamoto" in homage to Bitcoin’s pseudonymous creator—aims to raise $200 million through private share sales supplemented by $100 million in convertible debt.
The structure mirrors successful institutional Bitcoin plays like MicroStrategy’s corporate treasury strategy. BTC Inc., parent company of Bitcoin Magazine, will merge into the new public entity. market sources suggest the deal could be finalized as early as next week, capitalizing on renewed institutional interest following spot Bitcoin ETF approvals.
Strive Asset Management Adopts Bitcoin as Treasury Reserve Asset, Plans Nasdaq Listing
Strive Asset Management, co-founded by Republican Ohio gubernatorial candidate Vivek Ramaswamy, announced its adoption of Bitcoin as a treasury reserve asset. The firm plans to list on the Nasdaq through a merger with Asset Entities, a tech company specializing in social media marketing and content delivery.
The merger aims to build a Bitcoin war chest with minimal dilution to common shareholders. The announcement triggered a 450% surge in Asset Entities’ stock price, reflecting market enthusiasm for the strategic pivot.
Strive has publicly encouraged corporations like GameStop to follow its lead in Bitcoin treasury allocation. The move signals growing institutional recognition of Bitcoin’s role as a reserve asset amid broader cryptocurrency adoption in traditional finance.
Robert Kiyosaki Favors Bitcoin Over Gold, Citing Fixed Supply and Scarcity
Robert Kiyosaki, the renowned author of ’Rich Dad Poor Dad,’ has publicly endorsed Bitcoin as a superior store of value compared to traditional assets like gold and silver. His conviction stems from Bitcoin’s mathematically enforced scarcity—a hard-coded limit of 21 million coins that remains Immutable regardless of market forces.
Unlike commodities subject to supply fluctuations, Bitcoin’s predetermined emission schedule creates predictable scarcity. Kiyosaki maintains his appreciation for precious metals but argues Bitcoin’s decentralized architecture offers stronger protection against institutional manipulation. ’No government or central bank can print more Bitcoin,’ he noted, emphasizing its censorship-resistant properties.
Fed Stagflation Risk Signal Could Be Bullish for Bitcoin, Analyst Says
The Federal Reserve’s growing vigilance against stagflation—a toxic blend of sluggish growth and persistent inflation—may inadvertently fuel Bitcoin’s ascent. Chair Jerome Powell maintains the economy remains resilient, but subtle shifts in the Fed’s policy language reveal deepening concerns. By holding rates steady while acknowledging rising price pressures and unemployment risks, policymakers echo 1970s-era constraints where traditional stimulus tools lose potency.
This macroeconomic bind creates fertile ground for Bitcoin’s narrative as an inflation hedge. With the Fed’s maneuvering room narrowing, capital may increasingly Flow toward hard-capped assets. The crypto market’s reaction to such policy paralysis could mirror historical gold rallies during periods of monetary uncertainty.
Bitcoin Hovers in Critical Zone Despite Recovery to $98K
Bitcoin’s rebound to nearly $98,000 has alleviated some financial strain across the network, yet the market remains on edge. Short-term holders still dominate the technically precarious zone, leaving BTC vulnerable if key support levels falter.
Glassnode’s May 7 report notes improved capital inflows and sentiment, but warns of fragility in the current price structure. Over 3 million BTC returned to profitability after April’s dip to $74,000, yet consolidation above critical cost-basis levels remains uncertain.
