Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week
US President Donald Trump’s crypto adviser, David Bailey, is planning a huge Bitcoin purchase through Nakamoto Inc., targeting about 6,400 BTC this week.
David Bailey, a Bitcoin advocate who has advised US President Donald Trump on crypto policy, announced plans to buy $762 million worth of Bitcoin as early as Tuesday.
“Ever since getting into Bitcoin, I’ve always had this dream of smash buying $1 billion of Bitcoin in a single bid,” he said on Monday. “Tomorrow, that dream comes true.”
The amount would buy around 6,400 Bitcoin (BTC) at current market prices.