Bailey is making huge profits thanks to the rising trend of the digital asset market.
Since contributing to Trump's pro-cryptocurrency agenda, Yahoo! Capital has recorded astonishing results with its Bitcoin strategic investments.
According to a report citing Bloomberg, 210k Capital will acquire the company in July 2024.
Over the 12-month period from May to June 2025, the company recorded a net return of 640%, thanks to investments in publicly-traded companies that have incorporated Bitcoin into their treasury assets.
The fund is privately held and is not required to make its financial statements public, but Bloomberg said it had obtained the figures from an insider.
210k Capital's assets were reportedly accumulated through Bitcoin financial strategy investments in various countries, including the United States, the United Kingdom, Canada, Australia, and Sweden.
The parent company, UTXO Management, is a wholly owned subsidiary of 210k Capital, which owns Strategy (MSTR) and Metaplanet (
Metaplanet (3350), Moon Inc. (1723), Smartweb Company (SWC), Doublelock Chain Group (ALTG), Liquid
The company has also revealed that it has invested in Bitcoin-linked companies such as LQWD Technologies (LQWD), H100, Matador (MATA), and DV8.
Tyler Evans, Managing Partner of 210k Capital
Evans said, "We are currently considering about 30 additional investment candidates," and added, "They are also operating within the Bitcoin ecosystem.
"These are so-called 'Bitcoin proxy' companies that are trying to sell bitcoin to cryptocurrencies," David Bailey, a Bitcoin Magazine and BTC
He is the founder of Inc. and a founder who has led a series of startups, and served as a key cryptocurrency advisor to the Trump camp during the 2024 presidential election.
Bloomberg called Bailey the "architect" behind Trump's shift to Bitcoin. Although details about 210k Capital were not made public, Bailey's influence was
He is known for his extensive reach across the cryptocurrency industry. Cointelegraph reported in May that another of Bailey's investment firms, Nakamoto Holdings,
Nakamoto Holdings has attracted $300 million in funding and is moving forward with an IPO.
The company plans to attract an additional $51.5 million through the merger, which will enable it to further expand its Bitcoin financial strategy.
2025/07/22 14:48 KST
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