🚀 David Bailey’s Fund Delivers 640% Gains via Bitcoin Proxy Strategy
David Bailey’s hedge fund, 210k Capital, achieved a 640% return over the past year by backing public companies that adopted Bitcoin as a treasury asset, such as Metaplanet and The Smarter Web. Instead of buying BTC directly, the fund invests in equities that mirror Bitcoin’s upside. With $433M in AUM, it focuses on emerging markets without Bitcoin ETFs. The approach offers amplified gains—but also comes with heightened volatility, making it a high-risk, high-reward bet on Bitcoin's global adoption.