Trump consultant for digital currencies is planning to buy “Bitcoin” for $ 762 million

David Bailey, US President Donald Trump’s advisor in the field of digital currencies, announced his plan to buy BTC with a value of $ 762 million, starting today, Tuesday, in a move he described as “a dream achieved.”

“Billy” is the CEO of Nakamoto Inc, a company specialized in investing in BTC, and adopts a unique strategy that aims to make it among the largest digital currency in the world.

“Since I entered Bitcoin world, I have been dreaming of buying a billion dollars at once, and this dream will be achieved,” Billy said on the X platform, explaining that the real number is 762 million dollars, but it has used a billion as an approximate number.

The purchase will be performed using the VOLUME Weight Average Price – VWAP method, which is a technology that divides the large deal into small purchases to avoid the sudden impact on the market price.

The unique “Nakamoto” strategy

“Billy” explained that his company follows a special approach in building the “Bitcoin” cabinet, saying: “We have a unique way in Nakamoto, and when you see it under implementation, you will understand why we will be among the largest bitcoin holders in the world,” adding: “We are building a striking force in the world of Bitcoin.”

It is noteworthy that “Billy” also participated in the founding of the company “BTC Inc”, which owns Bitcoin, and had a role in shaping the “Trump” vision towards digital currencies during his campaign.

It is currently working to collect funding between $ 100 and 200 million dollars for a political work committee (Political Action Commite – PAC) aimed at supporting Bitcoin issues in the United States.

New symbolism and increasing institutional appetite

In a symbolic step, “Nakamoto” changed its logo to the image of “Bullfrog”, which Billy described as representing the “Legendary Treasures Mosque”, referring to the company’s goal in continuing to collect “Bitcoin” units regularly.

Last June, the company raised $ 51.5 million through a public stock deal, reflecting the expansion of its assets and aspirations.

This step comes within a accelerated wave of companies that add Bitcoin to their treasures, and the data showed that there are currently 221 public and private companies that have more than 1.24 million units of “Bitcoin” combined.

These increased moves reflect growing confidence in “Bitcoin” as a financial origin, and emphasizes the increasing institutional interest that may make the digital currency a more firm part in the American and global financial system.