Trump’s Crypto Guru David Bailey Bets Big: $762M Bitcoin Purchase Shakes Markets

Bitcoin just got a heavyweight endorsement—and Wall Street's gonna hate it.

David Bailey, former Trump crypto adviser, is plowing $762 million into BTC. No hedges, no ETFs—just cold, hard satoshis hitting the blockchain.

Why now? The timing reeks of political theater—but that kind of liquidity doesn't care about your cynicism. Market makers are already recalculating their resistance levels.

Funny how 'risky' assets suddenly look tasty when insiders buy truckloads. Your move, Jamie Dimon.

Nakamoto Inc.’ Unique Bitcoin Strategy 

Bailey said Nakamoto Inc. has a unique strategy behind this plan. He believes it will make them one of the top Bitcoin holders worldwide. “We have a one-of-a-kind approach at Nakamoto. Once you see it in action, you’ll understand why we’ll be among the top Bitcoin holders globally,” he wrote in another X post, adding, “We’re building a Bitcoin juggernaut.”

We have a one-of-a-kind strategy at @nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world.

We’re building a Bitcoin juggernaut.

Bailey leads Nakamoto Inc., a Bitcoin treasury company, and he also helped start BTC Inc., the parent company of Bitcoin Magazine. Bailey was also an adviser during Trump’s presidential campaign and helped shape the former president’s views on Bitcoin. He is now working on raising money to support Bitcoin causes in the U.S.

He hopes to raise between $100 million and $200 million for a political action committee (PAC) focused on Bitcoin. This shows his desire to influence policy and support Bitcoin adoption at a higher level.

Recently, Nakamoto Inc. changed its mascot to a bullfrog. Bailey said in another X post that the bullfrog represents a “legendary treasure hoarder,” symbolizing the company’s goal to keep growing its Bitcoin holdings steadily.

In June, Nakamoto raised $51.5 million in a public equity deal, showing that the company’s assets and ambitions are expanding.

Accelerating Adoption for Bitcoin Treasuries

The trend of companies adding Bitcoin to their assets continues. In the last month alone, at least 17 companies have added Bitcoin to their treasury. As per data on BitcoinTreasuries.NET, there are now 221 public and private firms holding over 1.24 million Bitcoin in total.

This Bitcoin purchase for digital asset treasury and Bailey’s efforts to raise funds for Bitcoin support shows growing confidence in the Bitcoin and other digital assets. This MOVE also reflects increasing institutional interest which will make Bitcoin a stronger part of the financial system in the U.S. and across the globe.

Also Read: ethereum Dev Freed After 24-Hour Detention in Turkey