CoinVoice has learned that, according to The Information, David Bailey, who served as a cryptocurrency policy advisor during Donald Trump's 2024 campaign, is raising $300 million to establish a publicly listed Bitcoin investment company.
Previously, several companies have acquired cryptocurrencies in an attempt to replicate the success of Michael Saylor's Strategy, which has transformed into a Bitcoin investment company. Bailey is raising $200 million through private placements and convertible bonds.
David Bailey is reportedly the CEO of Bitcoin Magazine and has recently been appointed as a member of the strategic advisory board for Metaplanet. [Original link]