Trump’s Crypto Adviser Launches $300M Bitcoin Firm

David Bailey, a prominent figure in the crypto world and an advisor to President Trump, is spearheading the launch of a new Bitcoin-focused

A crypto adviser to President Trump is launching a new Bitcoin-focused company, Nakamoto, which is planning to go public this summer through a reverse merger, according to several sources familiar with the matter.

The firm, which is targeting an integration with a public company by July, has already raised $300 million from private investors—$200 million in equity and $100 million via convertible debt, the sources said.

The venture, which aims to build a global portfolio of companies while using Bitcoin as its core asset base, will be focusing on regions like South America, Southeast Asia, and Africa, one of the sources added.

The president’s adviser, David Bailey, who is also known for his role at the Bitcoin IRA, is spearheading the initiative and will serve as the CEO of the company.

The company is named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, and will be structured as a Bitcoin treasury, much like Michael Saylor’s Strategy, another source noted.

The firm’s emergence follows a period of heightened interest in digital assets among institutions, partly sparked by friendlier regulatory signals from the Trump administration.

The company will also be advised by a team of professionals with experience in both finance and crypto. Some of the firm’s key backers include Jeff Magid, the former CEO of Diner's Club International, and Marc Benioff, the chairman and CEO of Salesforce.

The firm is among a growing list of players, such as Twenty One Capital and Strive Asset Management, that are building the infrastructure to include BTC as a core component of their balance sheets.

The rapid rise of such companies suggests a structural shift in how Bitcoin is being perceived—not just as an asset class, but as a foundational element of future-facing financial strategy.

As this trend continues, market observers can expect to see more competition among firms vying to become the dominant names in crypto finance.