Bailey’s $762M Bitcoin Purchase Plan
David Bailey, a prominent Bitcoin advocate and crypto adviser to U.S. President Donald Trump, is set to make one of the largest Bitcoin purchases in history. Through his company Nakamoto Inc., Bailey plans to buy $762 million worth of Bitcoin this week — the equivalent of approximately 6,400 BTC at current market prices.
Bailey, who also co-founded Bitcoin Magazine’s parent company BTC Inc., has long envisioned making a monumental “smash buy” in the Bitcoin market. Speaking on Monday, he said:
“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.”
However, instead of making a direct market buy — which could cause significant price volatility — Bailey intends to use a Volume Weighted Average Price (VWAP) strategy. This method breaks a large purchase into smaller, strategically timed trades throughout the day to reduce slippage and minimize market disruption.
Bailey hinted that Nakamoto Inc. has a “one-of-a-kind strategy” for Bitcoin acquisitions, promising that once it is revealed, it will be clear why the firm is poised to become one of the largest Bitcoin holders globally.
Political Push for Bitcoin Growth
David Bailey has been more than just a business leader in the crypto space — he has been instrumental in influencing U.S. political discourse around Bitcoin. His advisory role during Trump’s presidential campaign is widely credited with shaping the president’s recent pivot toward pro-Bitcoin policies.
Earlier this month, Bailey expressed interest in launching a political action committee (PAC) with the aim of raising between $100 million and $200 million to advance Bitcoin’s interests in the United States. Nakamoto Inc. would serve as the anchor for this initiative.
“I’ve learned a lot about politics and how the game is played this year,” Bailey said. “I’m thinking about raising a $100m-$200m PAC, anchored by Nakamoto, to advance Bitcoin priorities.”
The PAC’s focus would likely be on lobbying for favorable regulations, promoting Bitcoin adoption, and countering legislative threats to the cryptocurrency industry. If successful, it could become one of the most influential pro-Bitcoin political organizations in the country.
Nakamoto Inc.’s Symbolic Bullfrog Mascot
In an interesting move, Nakamoto Inc. recently adopted the bullfrog as its official mascot. According to Bailey, the bullfrog represents multiple symbolic traits:
- Legendary treasure hoarder – symbolizing Bitcoin’s long-term store-of-value status.
- Apex predator – reflecting Nakamoto’s aggressive acquisition strategy.
- Invasive species – highlighting Bitcoin’s unstoppable global spread.
- Opportunistic feeder – signifying the company’s willingness to adopt any method that grows Bitcoin per share.
The change is a branding effort that aligns with Nakamoto’s vision of becoming a “Bitcoin juggernaut.” It also plays into the crypto community’s culture of using symbolic animals — such as Bitcoin’s famous orange B logo and Ethereum’s unicorn.
Earlier this year, Nakamoto raised $51.5 million through a private placement in a public equity deal, in partnership with KindlyMD. This injection of capital has likely fueled the upcoming mega-purchase and other expansion plans.
Corporate Bitcoin Holdings on the Rise
Bailey’s aggressive move comes at a time when more companies are adding Bitcoin to their balance sheets. According to data from BitcoinTreasuries.NET, at least 17 organizations have added Bitcoin to their treasuries over the past month alone.
The total number of public and private companies holding Bitcoin has now reached 221, collectively owning over 1.24 million BTC. This growing trend of corporate adoption reflects Bitcoin’s increasing role as a hedge against inflation, a store of value, and a strategic treasury asset.
Notable examples of corporate Bitcoin holders include:
- MicroStrategy – the largest publicly traded Bitcoin holder with over 226,000 BTC.
- Tesla – which purchased $1.5 billion worth of BTC in 2021.
- Block Inc. (Square) – a major advocate of Bitcoin payments and investment.
Bailey’s $762M buy could propel Nakamoto Inc. into the ranks of the top five largest Bitcoin-holding companies in the world, alongside MicroStrategy and Tesla.
What This Means for Bitcoin’s Market
The news of a $762 million Bitcoin acquisition is likely to generate considerable attention within both the crypto and traditional finance sectors. Large, well-publicized buys can boost investor sentiment and fuel bullish momentum — especially during periods of growing institutional interest.
However, Bailey’s choice to use VWAP rather than a direct market buy shows a keen awareness of market dynamics. Direct “smash buys” often cause temporary price spikes that can quickly reverse once the buying pressure subsides. By spreading the purchase over time, Nakamoto aims to accumulate BTC efficiently without artificially inflating the market price.
This purchase could also set a precedent for how other large players approach Bitcoin acquisitions — opting for strategic, algorithm-driven buys instead of making impulsive, high-profile trades that could destabilize the market.
Conclusion
David Bailey’s planned $762 million Bitcoin acquisition marks another significant milestone in the ongoing institutional adoption of the cryptocurrency. Beyond just a market transaction, it’s a strategic move backed by political ambitions, corporate branding, and a long-term vision of dominance in the Bitcoin space.
If successful, the purchase will not only cement Nakamoto Inc. as one of the largest Bitcoin holders in the world but also reinforce the growing connection between political influence and Bitcoin advocacy in the U.S.
With more corporations adding BTC to their treasuries and political figures openly supporting it, Bitcoin’s role in both finance and governance appears poised for expansion — and Bailey’s bold move might just accelerate that future.