【Bitcoin Treasury Director David Bailey Plans to Raise $200 Million for New Political Action Committee】According to Jinse Finance, David Bailey, the head of the Bitcoin Treasury company Nakamoto, announced plans to establish a new Political Action Committee (PAC) and intends to raise between $100 million and $200 million to promote Bitcoin's priorities and become part of the Bitcoin voter platform. Bailey stated that he hopes the PAC will be based on Nakamoto, even though Nakamoto currently holds only 21 bitcoins, he plans to purchase hundreds of millions of dollars in Bitcoin before August 11. Bailey has already raised approximately $1 billion for Bitcoin investments, and the funds from this new PAC will be used to influence the 2026 U.S. midterm elections, with a budget potentially close to 4% of total Super PAC expenditures.

#BTC