So, Trump’s crypto adviser, David Bailey, is about to make a move that’s so bold, it’s like he’s trying to out-Twitter Elon Musk. He announced on X (yes, that’s what Twitter’s called now) that he’s been dreaming of buying a cool billion dollars’ worth of Bitcoin in one fell swoop. “Tomorrow, that dream comes true,” he declared, with all the drama of a Broadway musical finale. Of course, he later clarified that the actual amount is $762 million, but hey, who’s counting? 🤷♂️
Ever since getting into Bitcoin I’ve always had this dream of smash buying $1b of bitcoin in a single bid. Tomorrow that dream comes true.
Gotta start dreaming bigger
– David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025
To ensure he doesn’t crash the market (or his own bank account), Bailey plans to use something called Volume Weighted Average Price (VWAP). Think of it as breaking up a giant chocolate bar into bite-sized pieces so you don’t get a sugar rush all at once. This way, he can make smaller trades without causing a Bitcoin price tsunami. 🌊
Nakamoto Inc.’s Unique Bitcoin Strategy
Bailey isn’t just any crypto enthusiast; he’s the CEO of Nakamoto Inc., a Bitcoin treasury company that’s aiming to become a major player in the crypto world. “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 boasted in another X post. “We’re building a Bitcoin juggernaut,” he added, because why not throw in a little hype while you’re at it? 💪
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.
– David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025
Before his crypto days, Bailey was a key player in Trump’s presidential campaign, helping to shape the former president’s views on Bitcoin. Now, he’s all about influencing policy and supporting Bitcoin adoption. He’s even planning to raise between $100 million and $200 million for a political action committee (PAC) focused on Bitcoin. Talk about going all in! 🎲
And if that wasn’t enough, Nakamoto Inc. recently adopted a bullfrog as its mascot. According to Bailey, the bullfrog is a “legendary treasure hoarder,” which is a fancy way of saying they’re all about accumulating Bitcoin. It’s like they’re building a digital Fort Knox, but with memes instead of gold. 🦭
In June, Nakamoto raised $51.5 million in a public equity deal, proving that the company’s ambitions are as big as Bailey’s dreams. And speaking of big dreams, the trend of companies adding Bitcoin to their treasuries is on the rise. In the past month alone, at least 17 companies have joined the Bitcoin bandwagon, bringing the total to 221 firms holding over 1.24 million Bitcoin. That’s a lot of digital dough! 🍞
Accelerating Adoption for Bitcoin Treasuries
Bailey’s massive Bitcoin purchase and his efforts to raise funds for Bitcoin support are clear signs of growing confidence in the cryptocurrency. With more institutions jumping on board, Bitcoin is becoming an increasingly integral part of the global financial system. It’s like the crypto version of a high school popularity contest, and Bitcoin is winning by a landslide. 🏆
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2025-08-12 12:23