Former Trump Cryptocurrency Policy Advisor Plans to Establish Bitcoin Investment Company and Raise $200 Million

Odaily Planet Daily News: According to insiders, David Bailey, who served as Donald Trump's cryptocurrency policy advisor during his 2024 campaign, is raising $300 million to establish a publicly traded Bitcoin investment company. Previously, multiple 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 equity IPOs and $100 million convertible bonds.