David Bailey's 210K Capital Soars 640% with Bold Bitcoin Treasury Strategy
July 18, 2025
Bailey is also CEO of Nakamoto Holdings Inc., which plans to merge with Kindly MD Inc. to acquire public companies and transform them into Bitcoin treasury vehicles.
David Bailey's hedge fund, 210K Capital, reported an extraordinary 640% net return over the past year by investing in companies that adopted Bitcoin as a treasury asset, demonstrating his strategic vision in the crypto space.
Another major success was investing in The Smarter Web Plc, which saw its shares soar by up to 14,000% since February 2025 after acquiring 1,600 Bitcoin worth roughly $190 million, significantly increasing the fund's value.
Bailey, as head of 210K Capital, has focused on Bitcoin-linked investments, with about 95% of the fund's assets now dedicated to treasury-style Bitcoin plays, and is actively reviewing 30 potential investments in this sector.
One of Bailey's notable investments was in Metaplanet Inc., a Japanese company that transitioned from hotel operations to Bitcoin accumulation, which resulted in a stock surge of approximately 9,400%, boosting 210K Capital's investment from $1 million to around $106 million.
Bailey's connections to influential figures, including his advisory role at Metaplanet Inc. where Eric Trump serves on the strategic advisory board, reinforce his strong ties to both the crypto and political worlds.
The recent resurgence in crypto markets has been partly driven by former President Trump's vocal support, which has reignited investor enthusiasm for Bitcoin and related companies.
Bailey's leadership and ability to navigate the cryptocurrency market position 210K Capital as a leader, with potential for broader acceptance of cryptocurrencies in financial markets.
He has also played a pivotal role in influencing political support for Bitcoin, notably convincing former President Donald Trump to shift from skepticism to advocacy for cryptocurrency, which has helped boost Bitcoin's market performance.
Bailey's strategic investments extend across various sectors, helping companies adopt Bitcoin as a treasury strategy, which has attracted substantial investor interest and driven stock price surges.
By June 2025, Bailey's fund had grown to $433 million in assets under management, establishing it as a leading player in the cryptocurrency sector and reflecting his influence in the market.
Nakamoto Holdings is currently evaluating 30 potential Bitcoin-related investments, with treasury-style Bitcoin holdings now comprising about 95% of its total assets.
Summary based on 2 sources