David Bailey, CEO of Crypto Media Company BTC Inc. And a close US president Donald Trump in digital assets, has reportedly raised $ 300 million to launch a new Bitcoin investment firm.
The adventure, named Nakamoto after Pseudonymous creator of bitcoinSatoshi Nakamoto, aims to become a company that has been publicly exchanged with the CryptoCurrency, CNBC’s capture and handling reportedThe people are familiar with this matter. The information will first cover the story.
Funding, which has been moving quietly since January, has included $ 200 million in equity and $ 100 million in a changing debt, a resource familiar to the matter said to CNBC.
While the firm has not officially announced the increase, an officer to disclose and integrate with a company listed in the NASDAQ is expected early next week. The combined creature is set to go to the public this time, each report.
“No comment,” Bailey wrote in a post of May 7 at X, apparently in response to the news about Bitcoin (Btc) investment firm.
Related: The Texas House Committee passes the Bitcoin Reserve Bill for the full vote
Bitcoin’s new companies are launching
Nakamoto’s approach was modeled in companies such as strategy, which changed itself to a powerhouse holding Bitcoin under Michael Saylor.
The firm will invest and get businesses around the world, in countries such as Brazil, Thailand and South Africa, while sending bitcoin as part of its capital structure.
The adventure has been reported to be supported by high -profile investors and includes an advisory board that features many well -known numbers from financial and crypto sectors.
Bailey’s move is in the midst of amended enthusiasm for institutional investment in Bitcoin, following a series of major funding announcements from companies such as twenty -one and exerted asset management.
Related: Linked Trumps are working on files for ‘Bitcoin Bond’ ETF
On April 24, twenty -one capital, Strike Founder Jack Malers led with the support of Tether, Softbank and Cantor Fitzgerald, said it Looking at Suplant Saylor’s approach To be “superior vehicles for investors looking for great exposure to bitcoin.”
On May 7, Striver Asset Management, founded by businessman and former president candidate Vivek Ramaswamy, also revealed plans to move to a Bitcoin treasury company.
The firm will go public through a reverse merger and plans to use the joint company’s stock to accumulate bitcoin. When the deal closes, strive plans to issue nearly $ 1 billion in equity and debt and use the proceeds to accumulate BTC.
“The speed of new BTC companies launching is speeding up,” Crypto Influencer Tylerd Says In a post on X.
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