11 Aug 2025, 19:20

Nakamoto CEO David Bailey wants to buy $1 billion worth of Bitcoin

David Bailey, CEO of Bitcoin-native holding company Nakamoto, told his followers on X that he’s finally going to “smash buy $1 billion of bitcoin in a single bid” tomorrow, a long-held personal dream. When asked if he truly planned to spend $1 billion in one go, Bailey said that the number was “generous rounding,” adding that the real figure is closer to $760 million. The gap between those amounts is not small, but Bailey clarified that the gap that led to the “generous rounding” was because of the cutoff since Nakamoto filed its definitive information statement. Bailey stirs the crows ahead of a chunk BTC buy Bailey’s post on Monday read: “Ever since getting into Bitcoin I’ve always had this dream of smash buying $1b of bitcoin in a single bid. Tomorrow that dream comes true.” The message quickly spread among Bitcoin circles, stoking speculation that Nakamoto might be preparing a major accumulation event. Bailey has been counting down to August 11 on his X account, although he later extended it by one day, with various posts detailing Nakamoto’s strategy to become one of the leading companies to acquire Bitcoin globally, as he believes it will become the most valuable asset in human history. Following his post about smash buying $1 billion worth of Bitcoin, he posted this: “We have a one-of-a-kind strategy at Nakamoto, once you see it in action you’ll understand why we’ll be one of the top holders of Bitcoin in the world. We’re building a Bitcoin juggernaut.” However, his response to a comment on his initial tweet about his current fiat liquidity has stirred up divisive conversations on the timeline. It’s not the first time Bailey has blended serious Bitcoin advocacy with trolling flair. The long-time industry figure, who has been involved in Bitcoin media and advocacy for years, frequently uses social media to draw attention to his projects. The birth of Nakamoto Bailey’s Nakamoto is a Bitcoin-native holding company created earlier this year through a merger with Nasdaq-listed KindlyMD. The combined entity has been pitched as a public-facing Bitcoin treasury business, with plans to accumulate BTC and explore yield strategies for shareholders. As part of the deal, the company announced it had secured up to $710 million in capital commitments to fund its accumulation strategy. The move to merge with KindlyMD also enables Nakamoto to tap public markets and trade under a new ticker, positioning itself alongside other Bitcoin-heavy balance sheet companies such as Strategy (formerly MicroStrategy). The actual “smash buy” comes at a moment when Nakamoto is actively building visibility after its post-merger rollout. In that sense, even a $760 million buy, framed as a billion-dollar dream, is in keeping with the company’s approach, which is BTC accumulation. Tomorrow’s purchase will bring a close to a countdown that has been ongoing for over 14 days, and its impact on the market tomorrow will be well documented. Bailey’s Nakamoto is actively walking the path cut by Strategy’s Michael Saylor, who Bailey has hailed as the “greatest of all time,” visionary, and one-of-one, without whose leadership and encouragement, Nakamoto would not be happening. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

11 Aug 2025, 18:24

Safety Shot Considers Acquiring Up to $115 Million in BONK as Part of New Treasury Strategy

Safety Shot Inc. is acquiring up to $115 million worth of BONK, a Solana meme coin, as part of its strategy to integrate cryptocurrency into its treasury assets. Safety Shot

11 Aug 2025, 18:20

New BONK Treasury Targets Up to $115 Million in Solana Meme Coin by Year-end

A drinks company is now adopting BONK as a treasury asset, and plans to acquire up to $115 million of the Solana meme coin by year-end.

11 Aug 2025, 18:17

CEA Industries Secures $160M BNB Position Through Treasury Arm

CEA Industries Inc., the Colorado-based nicotine company, announced that its treasury management arm, BNB Network Company (BNC), has acquired 200,000 BNB tokens. The stash is worth around $160 million, which makes it the largest corporate holder of BNB globally. $160 Million Bet The purchase follows a $500 million private placement led by 10X Capital in partnership with YZi Labs, earmarked exclusively for building BNB holdings as the company’s primary reserve asset. Leadership changes have accompanied the crypto pivot as David Namdar, co-founder of Galaxy Digital, was appointed as CEO, alongside Russell Read, former CIO at CalPERS, and Saad Naja, a former Kraken director. 10X Capital’s Hans Thomas and Alexander Monje have also joined the board. BNB Network Company (BNC) explained that BNB, with 250 million users and an average daily trading volume of $9.3 billion as of July 2025, remains underrepresented in the US market. As such, BNC intends to bridge this gap by increasing institutional presence within the BNB ecosystem. In its official press release, the NASDAQ-listed company said that it will maintain its buying spree until the full initial capital is invested in BNB. It may also use its warrant structure to raise an additional $750 million, which could bring total proceeds to $1.25 billion for further acquisitions. This approach provides US and global investors with exposure to BNB without direct token custody. BNB’s Market Momentum More publicly traded firms are replacing portions of their cash reserves with digital assets. These entities are structuring strategies to appeal to both retail and institutional investors. While Bitcoin and Ethereum have long dominated, focus is now turning to alternatives like BNB. This corporate pivot toward BNB coincides with its uptrend seen in recent weeks. BNB is currently trading over $818 after maintaining a steady uptrend this month. Crypto analyst Ali Martinez believes that the crypto asset’s price action is closely tracking Bitcoin’s structure. He added that this correlation could point to the early stages of a bull rally, which could potentially drive BNB toward the $1,200 mark. The post CEA Industries Secures $160M BNB Position Through Treasury Arm appeared first on CryptoPotato .

11 Aug 2025, 17:49

Safety Shot (SHOT) announced an upcoming BONK treasury

The crypto treasury model keeps spreading to smaller assets, forging partnerships between token holders and companies with access to public financing. BONK, IP, and SUI recently received new plans for treasury-building. Altcoin treasuries are trying to catch the momentum of BTC and ETH buyers, adding to the hype to increase demand. The list of altcoin assets is growing, with the latest deals potentially raising demand for BONK, IP, and SUI. BONK marks partnership with Safety Shot (SHOT) LetsBonk (BONK), one of the early Solana meme tokens, will become the basic asset for the treasury of NASDAQ-traded company Safety Shot (SHOT). Just as the partnership was announced, the price of SHOT paradoxically fell by over 50%. The asset traded at a one-month high of $1.20 as of August 6, later crashing near all-time lows. SHOT is a company with a long-term price slide, which also tried to revive its shares via a treasury announcement. BONK, however, remains relatively volatile as a sub-penny asset. The token traded in the middle of its range at $0.000026. After the announcement, the usual effect on both the stock and the token was relatively muted. The effect of BONK outside Solana circles is smaller, despite the token’s involvement in one of the top new meme platforms. A16Z and Heritage Distilling launch IP treasury Heritage Distilling (CASK) turned to a crypto treasury strategy, as its shares were also trading near a five-year low at $0.49. Heritage Distilling will be the first public company to adopt Story Protocol (IP) as its underlying treasury asset. Story Protocol aimed to tokenize intellectual property on its native L1 network. Once again, the token was relatively unknown to crypto outsiders and was considered a slow project by crypto insiders. IP is trying to revive its fortunes, trading near the higher range at $6.37. The token is relatively new, arriving in February. Heritage Distilling will build $340M in liquidity with the help of the A16Z fund, with an initial $220M private placement (PIPE) expected to close on August 13. The company will receive $100M in cash and $120M in IP tokens provided by the Story Foundation. The deal is a way for the Foundation to tap the value of its token reserves, without crashing the market. Mill City Ventures tops up SUI treasury Mill City Ventures (MCVT) is one of the main buyers for SUI. Recently, the company allocated another $20M for SUI acquisition, adding 5.6M SUI at an average price of $3.56. MCVT was one of the stocks to react to the treasury news, rising from around $1.69 to $5.99. The stock spent two years stagnating around $2. SUI traded at $3.72, near its higher range for 2025. Mill City’s acquisition is supported by the SUI Foundation and other large holders, meaning the company will not be acquiring SUI on the open market. The company’s SUI is staked, achieving $26,000 in daily rewards. Altcoin treasuries spread to more than 34 assets Altcoin treasuries follow a model similar to Strategy, trying to connect public financing to altcoins. The addition of altcoin treasuries follows long months of waiting for the assets to rally. Altcoin treasuries are spreading to less popular assets, potentially bringing fresh capital to altcoins from previous bull cycles. | Source: X Even without an all-out altcoin market, there are now more than 34 companies with announced or realized treasuries. Assets include widely adopted assets like XRP, BNB, SOL, TRX, and LTC. Risker propositions include DOGE, DogWifHat (WIF), SONIC, TAO, ENA, HYPE, and others. Older altcoins are not attracting enough new capital, creating the need for special financing tools. Mainstream interest is also not tainted by previous knowledge about the token’s history, leading to increased demand for treasury company shares. Recently, Cryptopolitan reported on the potential risks of treasury companies, especially during a market downturn. Treasuries for altcoins have one advantage over BTC: large-scale staking income. The otherwise idle tokens can consolidate into significant stakes, producing rewards for the company. The flywheel effect and stock-related hype do not always work for each treasury company, but still boost the liquidity and attention for assets offering staking services. If you're reading this, you’re already ahead. Stay there with our newsletter .

11 Aug 2025, 17:40

Sharplink’s ETH Treasury to Surpass $3B After $400M Deal

Sharplink Gaming, Inc. (Nasdaq: SBET) expects its ethereum ( ETH) holdings to exceed $3 billion in value following a $400 million registered direct offering with institutional investors. Sharplink Inks $400M Institutional Deal The Minneapolis-based company disclosed that it entered purchase agreements with five global institutional investors, including some of the world’s largest. Proceeds from the