Summary
- David Bailey, known as Trump's 'virtual asset advisor,' is pushing to establish a Bitcoin investment firm named 'Nakamoto.'
- CEO Bailey is reportedly selling personal stocks to raise $300 million for the establishment.
- CoinDesk added that the establishment of this firm is based on the success of a strategy through Bitcoin financial strategy.
Donald Trump's 'virtual asset advisor' is reportedly preparing to establish a Bitcoin (BTC) investment firm.
According to CoinDesk on the 8th (local time), David Bailey, CEO of Bitcoin Magazine, is pushing to establish a Bitcoin investment firm named 'Nakamoto.' It is reported that CEO Bailey is also selling personal stocks to raise $300 million for the establishment of Nakamoto. CoinDesk stated, "(The company establishment) could be announced as early as next week."
CEO Bailey advised President Trump on virtual asset policy during last year's U.S. presidential election. CoinDesk added, "(Bailey CEO's) plan is based on the success of a strategy that increased stock prices by over 3000% through Bitcoin financial strategy."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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