Key Takeaways
- David Bailey raised $300 million to launch a Bitcoin funding agency named Nakamoto.
- Nakamoto plans to go public through a reverse merger with a Nasdaq-listed firm.
- The agency goals to amass world companies and maintain Bitcoin in its capital construction.
David Bailey, CEO of BTC Inc. and a digital asset adviser to U.S. President Donald Trump, has raised $300 million for a brand new Bitcoin-focused funding agency named Nakamoto, in accordance with stories from The Info and CNBC.
The funding spherical consists of $200 million in fairness and $100 million in convertible debt.
Plans for public debut
Nakamoto plans to go public by a reverse merger with a Nasdaq-listed firm, with an official announcement anticipated as early as subsequent week.
The merged entity is ready to debut on public markets this summer season.
Strategic method
The agency’s technique mirrors that of Michael Saylor’s Technique, which pivoted right into a Bitcoin holding firm.
Nakamoto goals to amass companies globally, together with in Brazil, Thailand, and South Africa, whereas utilizing Bitcoin as a core a part of its capital reserves.
Investor backing & advisory board
Bailey has not formally confirmed the information, posting “No remark” on X in response to the media protection.
No remark
— David Bailey🇵🇷 $1.0mm/btc is the ground (@DavidFBailey) Might 7, 2025
Nevertheless, sources say the agency has already secured backing from main traders and is constructing an advisory board of outstanding monetary figures.
Rising institutional curiosity
The announcement comes as institutional curiosity in Bitcoin intensifies.
On April 24, Twenty One Capital, backed by Strike founder Jack Mallers and Tether, introduced its personal plans to supply capital-efficient Bitcoin publicity.
Days later, Try Asset Administration, linked to Vivek Ramaswamy, revealed its intention to remodel right into a Bitcoin treasury agency.