- Trump’s cryptocurrency advisor David Bailey intends to use Nakamoto Inc. to buy $762 million worth of Bitcoin.
- In order to reduce market impact, the acquisition will employ a VWAP strategy, aiming for about 6,400 BTC.
- In order to further Bitcoin interests in the United States ,Bailey also hopes to raise $100 million to $200 million for a PAC.
U.S. President Donald Trump’s crypto policy adviser and Bitcoin supporter, David Bailey, revealed plans to buy $762 million worth of Bitcoin through his Bitcoin-native holdings business, Nakamoto Inc. At current market values of about $119,048 per coin, the purchase, which is anticipated as early as Tuesday, would amount to almost 6,400 BTC.
Bailey described the move as the realization of a long-time ambition: “Ever since getting into Bitcoin, I’ve always had this dream of smash buying $1 billion of Bitcoin in a single bid. Tomorrow, that dream comes true.”
Bailey acknowledged that a Volume Weighted Average Price (VWAP) technique will be used for the acquisition rather than placing a direct market order. In order to prevent price surges and decrease market slippage, this strategy will divide the big purchase into several smaller purchases.
According to Bailey, who is also a co-founder of BTC Inc., the parent company of Bitcoin Magazine, Nakamoto Inc. has created “a one-of-a-kind strategy” that would place it among the biggest Bitcoin holders worldwide.
Political and strategic goals
Bailey’s influence on Bitcoin extends beyond commercial transactions. Trump is a key figure in his turn toward Bitcoin advocacy, having announced plans to raise $100 million to $200 million for a political action committee (PAC) headed by Nakamoto Inc. to advance Bitcoin interests in the US.
Earlier this month, he said: “I’ve learned a lot about politics and how the game is played this year. I’m thinking about raising a $100m-$200m PAC, anchored by Nakamoto, to advance Bitcoin priorities.”On Monday, Nakamoto adopted a bullfrog as its mascot, which Bailey described as “a legendary treasure hoarder, an apex predator, an invasive species, and willing to eat anything that grows our Bitcoin per share.”
Through its merger partner KindlyMD, Nakamoto obtained $51.5 million in a public equity and private placement agreement in June.In the last month, at least 17 organizations have included Bitcoin in their treasuries, according to BitcoinTreasuries.net. Together, 221 public and private businesses currently own more than 1.24 million Bitcoin.
Bitcoin daily price chart showing Aug. 12, 2025, announcement by David Bailey to purchase $762M in BTC via Nakamoto Inc.
