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David Bailey, crypto coverage adviser to US President Donald Trump and CEO of Nakamoto Inc., plans to purchase $762.5 million in Bitcoin right this moment to show his agency right into a “Bitcoin juggernaut.”
“Ever since stepping into Bitcoin I’ve all the time had this dream of smash shopping for $1b of bitcoin in a single bid,” he mentioned in an Aug. 11 X submit.
Bailey mentioned his $1 billion quantity consists of some “some beneficiant rounding” given the corporate’s $762.5 million in accessible money readily available.
Bailey Plans To Make Nakamoto Inc. A Bitcoin Juggernaut
Bailed mentioned Nakamoto Inc will buy the Bitcoin utilizing a Quantity Weighted Common Worth (VWAP) technique, which breaks the massive order into smaller trades. This might be achieved to attenuate slippage and cut back the affect on the main crypto’s worth.
“We’ve a one-of-a-kind technique at @nakamoto, when you see it in motion you’ll perceive why we’ll be one of many high holders of Bitcoin on the earth,” he mentioned in one other X submit yesterday. “We’re constructing a Bitcoin juggernaut.”
We’ve a one-of-a-kind technique at @nakamoto, when you see it in motion you’ll perceive why we’ll be one of many high holders of Bitcoin on the earth.
We’re constructing a Bitcoin juggernaut.
— David Bailey🇵🇷 $1.0mm/btc is the ground (@DavidFBailey) August 11, 2025
With Bitcoin buying and selling at round $118,852 as of two:35 a.m. EST, Nakamoto Inc. might buy about 6,415.5 BTC if it makes use of your entire quantity.
That might rank the corporate because the 14th largest company Bitcoin holder, above Subsequent Expertise Holding Inc. and beneath Galaxy Digital Holdings Ltd, in accordance with knowledge from Bitcoin Treasuries.
Michael Saylor’s Technique is at present the largest company Bitcoin holder with its stash of 628,946 BTC.
Public Corporations Now Maintain 3.64 Million BTC
Bitcoin Treasuries knowledge additionally reveals that 292 entities at present maintain Bitcoin on their steadiness sheets, with their complete holdings standing at 3.64 million BTC.
That’s after at the very least 17 organizations added the main crypto to their treasuries previously month.
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