The Investor Who Influenced the President's Crypto Views and Sees 640% Returns
David Bailey's hedge fund has reaped remarkable returns, directly linked to his influence on President Trump's support for cryptocurrency.
The Investor Who Influenced the President’s Crypto Views and Sees 640% Returns
A key architect behind the lobbying efforts that transformed Donald Trump into a staunch advocate for cryptocurrency has realized significant returns from his investments in this volatile market. David Bailey and his hedge fund, 210k Capital, reported an impressive 640% return over the past year, fueled by investments in several companies actively accumulating Bitcoin.
This performance notably outpaces Bitcoin’s own gains. By the end of June, Bailey’s fund managed assets amounting to $433 million.
“lol. Gm pic.twitter.com/3rWLbNNM60
— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) July 18, 2025
David Bailey Influenced the President to Achieve 640% Gains for His Hedge Fund
Bailey has publicly been credited by Trump for changing his views from skepticism about Bitcoin to support. This shift has opened avenues for numerous crypto executives, benefiting from the surge in Bitcoin’s value post-Trump’s election.
His hedge fund has strategically invested in established companies and encouraged firms from various sectors—hospitality to web design—to start acquiring Bitcoin. A notable success story is The Smarter Web Plc, a UK-based firm experiencing 14,000% returns after entering the Bitcoin market.
With an initial public offering on London’s Aquis Stock Exchange, the company raised funds specifically for this purpose, amassing around 1,600 Bitcoin worth approximately $190 million. However, its stock has witnessed a 55% drop since hitting its peak.
210k Capital’s investment strategy involves considerable risk when compared to traditional hedge fund methodologies.
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Trump’s Ties To Bailey Utilized at a Tennessee Bitcoin Conference in July 2024
During a pivotal July 2024 conference in Nashville, Trump reaffirmed his support for the cryptocurrency landscape, directly mentioning Bailey’s lobbying efforts. “So David, congratulations, whatever you do, you did a wonderful job,” Trump remarked, further solidifying Bailey’s position in the president’s circle.
Moreover, Bailey’s connections extend to Trump’s son, Eric, who now serves on Metaplanet’s advisory board, which is significantly backed by 210k Capital. This company, transitioning from traditional hotel management to becoming a Bitcoin accumulator, has witnessed an astounding 9,400% stock increase.
Other Notable Moves By David Bailey Within The Crypto World
Bailey also oversees Nakamoto Holdings Inc., a Bitcoin treasury company which recently merged with Kindly MD Inc., a healthcare firm that successfully raised around $760 million for Bitcoin investments. With 210k Capital exploring new markets for opportunities, there is optimism about forthcoming deals, particularly where there are no spot Bitcoin ETFs.
