Trump Crypto Adviser David Bailey’s Nakamoto Inc. Plans ‘Smash Buying’ Of $762M Bitcoin, Will Build ‘Bitcoin Juggernaut’

David Bailey, crypto policy adviser to US President Donald Trump and CEO of Nakamoto Inc., plans to buy $762.5 million in Bitcoin today to turn his firm into a “Bitcoin juggernaut.”

“Ever since getting into Bitcoin I’ve always had this dream of smash buying $1b of bitcoin in a single bid,” he said in an Aug. 11 X post

“Ever since getting into Bitcoin I’ve always had this dream of smash buying $1b of bitcoin in a single bid,” he said in an Aug. 11 X post Bailey said his $1 billion number includes some “some generous rounding” given the company’s $762.5 million in available cash on hand.

Bailey said his $1 billion number includes some “some generous rounding” given the company’s $762.5 million in available cash on hand.David Bailey

David BaileyDavid Bailey## Bailey Plans To Make Nakamoto Inc. A Bitcoin Juggernaut

Bailey Plans To Make Nakamoto Inc. A Bitcoin JuggernautBailed said Nakamoto Inc will purchase the Bitcoin using a Volume Weighted Average Price (VWAP) strategy, which breaks the large order into smaller trades. This will be done to minimize slippage and reduce the impact on the leading crypto’s price

Bailed said Nakamoto Inc will purchase the Bitcoin using a Volume Weighted Average Price (VWAP) strategy, which breaks the large order into smaller trades. This will be done to minimize slippage and reduce the impact on the leading crypto’s price “We have a one-of-a-kind strategy at @nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world,” he said in another X post yesterday. “We’re building a Bitcoin juggernaut.”

“We have a one-of-a-kind strategy at @nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world,” he said in another X post yesterday. “We’re building a Bitcoin juggernaut.”

We have a one-of-a-kind strategy at @nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world.

We’re building a Bitcoin juggernaut.

— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025

We have a one-of-a-kind strategy at @nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world.

We’re building a Bitcoin juggernaut.

— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025

With Bitcoin trading at around $118,852 as of 2:35 a.m. EST, Nakamoto Inc. could purchase about 6,415.5 BTC if it uses the entire amount

With Bitcoin trading at around $118,852 as of 2:35 a.m. EST, Nakamoto Inc. could purchase about 6,415.5 BTC if it uses the entire amount That would rank the company as the 14th biggest corporate Bitcoin holder, above Next Technology Holding Inc. and below Galaxy Digital Holdings Ltd, according to data from Bitcoin Treasuries

That would rank the company as the 14th biggest corporate Bitcoin holder, above Next Technology Holding Inc. and below Galaxy Digital Holdings Ltd, according to data from Bitcoin Treasuries Michael Saylor’s Strategy is currently the biggest corporate Bitcoin holder with its stash of 628,946 BTC.

Michael Saylor’s Strategy is currently the biggest corporate Bitcoin holder with its stash of 628,946 BTC.## Public Companies Now Hold 3.64 Million BTC

Public Companies Now Hold 3.64 Million BTCBitcoin Treasuries data also shows that 292 entities currently hold Bitcoin on their balance sheets, with their total holdings standing at 3.64 million BTC

Bitcoin Treasuries data also shows that 292 entities currently hold Bitcoin on their balance sheets, with their total holdings standing at 3.64 million BTC That’s after at least 17 organizations added the leading crypto to their treasuries in the past month

That’s after at least 17 organizations added the leading crypto to their treasuries in the past month ### Related Articles:

Related Articles:* Samson Mow Predicts Investors Will Pump And Dump ETH, Rotate Back Into Bitcoin

  • Trump Executive Order Opens $8.7 Trillion 401(k) Pension Market To Crypto
  • NFTs Weekly Trading Sales Surge +20% To $165M – InsideBitcoins
  • Samson Mow Predicts Investors Will Pump And Dump ETH, Rotate Back Into Bitcoin Samson Mow Predicts Investors Will Pump And Dump ETH, Rotate Back Into Bitcoin- Trump Executive Order Opens $8.7 Trillion 401(k) Pension Market To Crypto Trump Executive Order Opens $8.7 Trillion 401(k) Pension Market To Crypto- NFTs Weekly Trading Sales Surge +20% To $165M – InsideBitcoins NFTs Weekly Trading Sales Surge +20% To $165M – InsideBitcoins
BTC0.6%
TRUMP2.67%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)