Listen to this article

David Bailey, Trump Crypto Advisor, Plans $300 Million Publicly Traded Bitcoin Investment Firm Following MicroStrategy

7 posts • GPT (4.1 mini)

Published May 8, 2025, 06:19 AM

David Bailey, a former crypto policy advisor to former President Donald Trump and CEO of Bitcoin Magazine, is raising $300 million to launch a publicly traded bitcoin investment firm. The new company aims to capitalize on the market momentum generated by MicroStrategy, a bitcoin treasury company known for its significant bitcoin holdings. Bailey's initiative reflects growing institutional interest in bitcoin investment vehicles, following the successful path of MicroStrategy. The firm is planned to be publicly traded, targeting investors looking to gain exposure to bitcoin through an investment company structure.

More breaking stories on DeepNewz — updated live.