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David Bailey, a cryptocurrency advisor to former U.S. President Donald
, has announced that his firm, Nakamoto Inc., will execute a $762 million “smash buy” of this week. The purchase, expected to acquire around 6,400 BTC, will use a Volume Weighted Average Price (VWAP) strategy to minimize market disruption by breaking the large order into smaller trades [1].Bailey, who also co-founded BTC Inc., the parent company of Bitcoin Magazine, has long advocated for Bitcoin’s inclusion in public and corporate treasuries. His latest move aligns with broader institutional interest in the asset, as at least 17 organizations have added Bitcoin to their holdings in the past month, bringing the total number of companies with BTC to 221, collectively holding over 1.24 million coins [1].
The acquisition is part of Nakamoto’s aggressive strategy to become one of the largest institutional Bitcoin holders in the world. Bailey described the firm’s approach as “unique,” emphasizing its potential to drive Bitcoin’s value per share. The company has also adopted the American bullfrog as its new mascot, a symbol of a “legendary treasure hoarder” and “invasive species” capable of eating anything that could enhance Bitcoin’s share value [1].
Bailey previously outlined plans to raise $100 million to $200 million through a political action committee (PAC) to advance Bitcoin’s interests in the U.S. political landscape. His role in shaping Trump’s crypto policy has positioned him as a key figure in the growing intersection of politics and digital assets.
The purchase reflects a broader trend of corporate entities treating Bitcoin as a strategic financial asset, with institutional adoption continuing to accelerate. Bailey’s high-profile buy is likely to draw further attention to Bitcoin’s role in portfolio diversification and treasury management, reinforcing its appeal as a hedge against macroeconomic uncertainty [1].
Source:
[1] Cointelegraph - [https://cointelegraph.com/news/trump-crypto-adviser-planning-buy-1b-of-bitcoin-this-week](https://cointelegraph.com/news/trump-crypto-adviser-planning-buy-1b-of-bitcoin-this-week)
[2] Coinlive - [https://www.coinlive.com/en/news-flash/869407](https://www.coinlive.com/en/news-flash/869407)
[3] CoinGecko - [https://www.coingecko.com/en/coins/bitcoin/bnb](https://www.coingecko.com/en/coins/bitcoin/bnb)

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