Trump-Aligned Hedge Fund 210k Capital Achieves 640% Return Investing in Bitcoin Holding Companies

An individual closely associated with Donald Trump has made significant gains in the cryptocurrency market. The person's hedge fund, 210k Capital, achieved a remarkable 640% return rate over the past year by strategically investing in companies that transitioned to holding Bitcoin. This approach involved transforming companies from unrelated sectors, such as hotel services and web design, into Bitcoin holding entities. A notable example is the British company Smarter Web, whose stock price surged approximately 140-fold after announcing its transformation.

The hedge fund's assets under management have grown from 44 million USD to 433 million USD, reflecting the success of its strategy. The fund's largest wins include investments in Metaplanet and Smarter Web. The fund invested 780,000 GBP in Smarter Web's pre-IPO round and 1 million USD in Metaplanet's warrants, which have since appreciated to approximately 110 million GBP and 106 million USD, respectively. Metaplanet's stock price has increased by over 90 times since April 2024.

The individual is currently an advisor to Metaplanet, with Trump's son Eric as part of the strategic team. The close relationship between Trump and the individual was evident when Trump publicly mentioned the person at a significant Bitcoin event last year. This endorsement has contributed to a clearer pro-cryptocurrency policy direction and positioned the individual as one of the most aggressive operators in converting this policy into market gains.

Looking ahead, 210k Capital shows no signs of slowing down. The fund is expanding its operations globally, targeting 30 Bitcoin proxy transactions across various markets, including those in Europe, America, India, Korea, and Southeast Asia, where Bitcoin ETFs have not yet been introduced. The fund's strategy involves deep engagement with management teams and designing financial transformation plans to capitalize on market opportunities. While this approach carries high risks, as seen in the 55% drop in Smarter Web's stock price from its June peak, the early returns suggest that this method could become a profitable and unconventional model in the cryptocurrency sector.