CoinVoice has recently learned that, according to Bloomberg, a key strategist behind the lobbying campaign that transformed Donald Trump into the strongest supporter of cryptocurrency is making a big bet in one of the hottest areas of the industry and reaping astonishing returns.
According to informed sources, David Bailey's hedge fund 210k Capital achieved a net return of 640% in the 12 months ending June 30, far exceeding the increase of Bitcoin itself. The fund has invested in about a dozen companies that have transformed into Bitcoin purchasers. As of June 30, 210k Capital had assets under management of $433 million.
Tyler Evans, the managing partner of 210k Capital, stated in an interview on July 15 that the company is considering an additional 30 investments in existing and potential Bitcoin intermediaries. [Original link]
