New Bitcoin-Holding Company Set to Go Public Amid Institutional Gold Rush

David Bailey, a close crypto adviser to U.S. President Donald Trump and CEO of BTC Inc., has reportedly raised $300 million to launch a new Bitcoin investment firm called Nakamoto, according to a May 7 report from CNBC.

The venture is expected to go public this summer through a reverse merger with a Nasdaq-listed company, aiming to become a publicly traded Bitcoin holding firm in the mold of Michael Saylor’s Strategy (formerly MicroStrategy).

Sources familiar with the matter said the funding includes:

• $200 million in equity

• $100 million in convertible debt

The fundraising effort has been ongoing quietly since January 2025, and an official announcement is expected in the coming weeks.

When asked about the news, Bailey simply posted “No comment” on X (formerly Twitter).

Nakamoto’s Model: Global Expansion + BTC Treasury Strategy

Nakamoto’s strategy reportedly mirrors that of Strategy, with plans to:

• Acquire and invest in global businesses, including targets in Brazil, Thailand, and South Africa

• Hold Bitcoin on the balance sheet as a core capital reserve

The company’s advisory board will reportedly include high-profile names from both traditional finance and the crypto industry, though no formal roster has been revealed.

Institutional Bitcoin Treasury Arms Race Heats Up

Nakamoto’s launch is the latest in a wave of new Bitcoin treasury companies emerging in 2025 amid renewed institutional demand for BTC as a reserve asset.

Recent developments include:

• Twenty One Capital — Led by Strike founder Jack Mallers, backed by Tether, SoftBank, and Cantor Fitzgerald, announced plans to become a “superior vehicle” to Strategy for institutional Bitcoin exposure.

• Strive Asset Management — Co-founded by entrepreneur and former presidential candidate Vivek Ramaswamy, announced on May 7 that it will also transition into a Bitcoin-holding public company, raising $1 billion in equity and debt to buy BTC.

Crypto commentator TylerD summarized the momentum in an X post:

“The pace of these new BTC companies launching is accelerating.”

Just In: David Bailey set to launch $300M Bitcoin investment company

The pace of these new BTC companies launching is accelerating pic.twitter.com/JsiCQZg7hi

— TylerD 🧙‍♂️ (@Tyler_Did_It) May 8, 2025

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Final Thoughts: The Bitcoin Corporate Treasury Era Expands

David Bailey’s Nakamoto project reflects a growing trend among Trump-era crypto allies and institutional investors to institutionalize Bitcoin as a reserve asset. With its aggressive capital structure and global acquisition plan, Nakamoto is positioning itself to join the likes of Strategy as a public proxy for Bitcoin exposure.

As more firms race to stockpile BTC ahead of what many expect to be a supply squeeze and macro-driven bull cycle, the corporate treasury playbook pioneered by Saylor is no longer an outlier — it’s becoming a strategic standard.