{"id":37705,"date":"2025-07-18T18:16:55","date_gmt":"2025-07-18T18:16:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37705"},"modified":"2025-07-18T18:16:55","modified_gmt":"2025-07-18T18:16:55","slug":"the-man-who-orange-pilled-the-president-is-up-big-david-bailey-hedge-fund-up-640","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37705","title":{"rendered":"The Man Who Orange-Pilled The President Is Up BIG: David Bailey Hedge Fund Up 640%"},"content":{"rendered":"<div>\n<p>A key architect of the lobbying campaign that transformed Donald Trump into a powerful advocate for cryptocurrency has made a remarkably profitable investment in one of the industry\u2019s most speculative areas. David Bailey and his 210k Capital hedge fund achieved a net return of 640% in the 12 months leading up to June.<\/p>\n<p>It was achieved by investing in approximately a dozen companies that began purchasing <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/visit\/bitcoinhyper?transfer=1\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Bitcoin<\/a>, according to a source familiar with the situation. This performance significantly surpassed the gains in Bitcoin itself. As of June 30, the fund\u2019s assets under management (AUM) totalled $433 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">lol. Gm <a href=\"https:\/\/t.co\/3rWLbNNM60\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/3rWLbNNM60<\/a><\/p>\n<p>\u2014 David Bailey<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f1f5-1f1f7.png\" alt=\"\ud83c\uddf5\ud83c\uddf7\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> $1.0mm\/btc is the floor (@DavidFBailey) <a href=\"https:\/\/twitter.com\/DavidFBailey\/status\/1946169999904710820?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">July 18, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>David Bailey Orange-Pilled The President Before Hitting 640% Gains For His 210k Hedge Fund<\/h2>\n<p>Bailey, whom Trump has publicly credited for helping shift his perspective from Bitcoin skeptic to advocate, is part of a growing list of crypto executives who have benefited from the boom sparked by Trump\u2019s presidential election victory. Trump\u2019s pro-industry agenda has propelled Bitcoin to record highs and ignited a wave of businesses eager to become proxies for the original token\u2014something 210k Capital has successfully capitalized on.<\/p>\n<p>The fund achieved this by investing in publicly traded companies and encouraging firms across diverse sectors, from hospitality to web design, to start accumulating Bitcoin. One notable investment was in The Smarter Web Plc, based in Guildford, UK, which has reportedly generated a staggering return of approximately 14,000%.<\/p>\n<p>While Bailey\u2019s strategy has yielded impressive results, it involves a level of risk that differs markedly from typical hedge fund approaches.<\/p>\n<p>Smarter Web completed its initial public offering on London\u2019s Aquis Stock Exchange in April to raise funds for purchasing Bitcoin. After securing a combined \u00a32.1 million ($2.8 million) through a pre-IPO round and the public offering, Smarter Web\u2019s shares surged in value.<\/p>\n<p>Smarter Web has accumulated 1,600 Bitcoin, which is worth approximately $190 million. However, the company\u2019s share price highlights the risks associated with 210k Capital\u2019s strategy: the stock has dropped about 55% from its peak on June 20.<\/p>\n<p>210k Capital invested \u00a3780,000 in the pre-IPO funding round, during which it also received stock warrants, according to Smarter Web\u2019s Chief Executive Officer, Andrew Webley. The fund\u2019s 15% stake is now valued at nearly \u00a3110 million.<\/p>\n<p>While these crypto treasury stocks have proven highly lucrative for some investors, they have also shown significant volatility. For example, shares of Ether-focused SharpLink Gaming Inc.<\/p>\n<p>($SBET) plummeted about 70% on June 13 following what Chairman Joseph Lubin described as a routine filing. However, it should be noted that SBET has since rebounded and is up nearly 300% from those mid-June lows.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-261543 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-18-at-15.41.39.png\" alt=\"\" width=\"1358\" height=\"1174\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-18-at-15.41.39.png 1358w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-18-at-15.41.39-300x259.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-18-at-15.41.39-1024x885.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-18-at-15.41.39-768x664.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-18-at-15.41.39-50x43.png 50w\" sizes=\"(max-width: 1358px) 100vw, 1358px\"><\/p>\n<p>(<strong><a class=\"general-link\" href=\"https:\/\/finance.yahoo.com\/quote\/SBET\/\" target=\"_blank\" rel=\"noopener nofollow\">SOURCE<\/a><\/strong>)<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top Solana Meme Coins to Buy in July 2025\u00a0<\/a><\/strong><\/p>\n<h2>Trump\u2019s Ties To Bailey Kicked Off At Tennessee Bitcoin Conference In July 2024<\/h2>\n<p>At a July 2024 <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/visit\/bitcoinhyper?transfer=1\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Bitcoin<\/a> conference in Nashville, Tennessee, Trump took the stage and pledged his support for the cryptocurrency industry, marking a significant moment for the field.<\/p>\n<p>During that speech, the now-President expressed his ambition to make the United States \u201cthe world\u2019s crypto capital\u201d and specifically recognized Bailey for his role in lobbying on behalf of the presidential candidate. \u201cSo David, congratulations, whatever you do, you did a wonderful job,\u201d Trump remarked. Earlier, Bailey had urged other crypto enthusiasts to help raise $100 million for the Trump campaign.<\/p>\n<p>Bailey\u2019s connections to the presidential family extend beyond his support for Trump. The president\u2019s son, Eric, is a member of the newly established Strategic Board of Advisors for Metaplanet Inc. This Japanese hotelier-turned-Bitcoin proxy is among 210k Capital\u2019s largest investments, representing about a quarter of its portfolio. Bailey serves on Metaplanet\u2019s advisory board as well.<\/p>\n<p>Metaplanet, which previously operated a chain of hotels in Japan, was one of the first companies to adopt the model pioneered by Michael Saylor, whose strategy now holds approximately $70 billion worth of Bitcoin. Since announcing its plans to become a Bitcoin accumulator in April 2024, Metaplanet\u2019s stock has surged by about 9,400%.<\/p>\n<p>210k Capital paid $1 million to purchase warrants from a Metaplanet shareholder around that time and later exercised those warrants for common stock, according to Evans. The investment is now worth approximately $106 million, he added. Before Metaplanet\u2019s strategic shift, 210k Capital\u2019s total assets under management stood at just $44 million, as reported by Evans.<\/p>\n<p>To assist Metaplanet with its transition, a UTXO employee was embedded with the company and worked closely with CEO Simon Gerovich. \u201cI don\u2019t think we can take sole credit for the idea,\u201d Evans stated regarding Metaplanet\u2019s change in strategy. \u201cBut we pushed for it very strongly and made a compelling case.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">*Appointment of David Bailey to Strategic Board of Advisors* <a href=\"https:\/\/t.co\/IWHVaSCKuW\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/IWHVaSCKuW<\/a><\/p>\n<p>\u2014 Metaplanet Inc. (@Metaplanet_JP) <a href=\"https:\/\/twitter.com\/Metaplanet_JP\/status\/1917379570384187513?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Other Notable Moves By David Bailey Within The Crypto World<\/h2>\n<p>Bailey is also the CEO of Nakamoto Holdings Inc., a Bitcoin treasury company that announced a merger with the healthcare services firm Kindly MD Inc. in May. Kindly MD has raised about $760 million through equity and convertible note sales for its Bitcoin portfolio, according to a statement released in June.<\/p>\n<p>At the time of the merger announcement, Bailey stated that Nakamoto, named after Bitcoin\u2019s anonymous inventor, would use Bitcoin to acquire public companies worldwide and convert them into treasury vehicles.<\/p>\n<p>210k Capital is now looking at markets without spot <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/visit\/bitcoinhyper?transfer=1\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Bitcoin<\/a> exchange-traded funds, such as India, South Korea, and countries in Southeast Asia and Latin America. \u201cThese are all opportunities we\u2019re very enthusiastic about, and we hope to announce a deal soon,\u201d Evans commented.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/the-man-who-orange-pilled-the-president-is-up-big-david-bailey-hedge-fund-up-640\/\">The Man Who Orange-Pilled The President Is Up BIG: David Bailey Hedge Fund Up 640%<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A key architect of the lobbying campaign that transformed Donald Trump into a powerful advocate for cryptocurrency has made a remarkably profitable investment in one of the industry\u2019s most speculative areas. David Bailey and his 210k Capital hedge fund achieved a net return of 640% in the 12 months leading up to June. It was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37705","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37705"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37705\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}