Trump’s Bitcoin Advisor’s Hedge Fund Soars 640% with Treasury Bets

David Bailey, founder of 210k Capital and crypto adviser to former U.S. President Donald Trump, has led his hedge fund to extraordinary gains — a 640% net return in the 12 months through June 2025. The surge came from investments in public companies holding Bitcoin as a treasury asset, with operations across the U.S., UK, Canada, Australia, and Sweden.

Bailey’s influence is evident not just in market moves but also in politics, having helped shape Trump’s pro-crypto policy direction. His firm, Nakamoto Holdings, raised $300 million, later merging with KindlyMD for an additional $51.5 million to expand its Bitcoin treasury strategy.

Following the playbook of MicroStrategy, 210k Capital targets firms adopting BTC for balance sheet resilience. This approach paid off handsomely as Bitcoin hit $123,000 in 2025. Yet, analysts caution that not all Bitcoin-holding firms will thrive — sustainability demands clear long-term positioning and niche strategies.

Meanwhile, the U.S. House recently passed three major crypto bills, signaling a shift toward broader regulation and acceptance. Bailey’s vision and timing may place 210k Capital at the forefront of a new financial era.