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David BaileyNakamoto Inc. and co -founder BTC Inc. Preparing for a large purchase of bitcoin.
Plans Spend $ 762 million on the Crypto currency on August 12th.which would be about 6,400 BTC at current prices
Btc
118.096,50 USD
.
Instead of buying it all at once, Bailey will Use an average price of a weighted in volume (VWAP). This approach interrupts a large order in smaller stores during the day to avoid sudden prices changes and reduce trading costs.
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Bailey described the purchase as a step towards a personal goal. He said 11. August post on x::
Ever since I entered Bitcoin, I’ve always dreamed of that dream of buying $ 1 billion Bitcoin in one offer. Tomorrow this dream comes true.
Although the amount is smaller than that, it made it clear that the larger purchases could follow.
In a separate post on xhe said Nakamoto Inc. has a “unique strategy” To believe he will make him one of Bitcoin’s greatest owners.
Bailey advised President Donald Trump about the cryptocurrency policy during the presidential campaign and is responsible for the impact on Trump’s shift towards Bitcoin.
Recently, Bailey said he was considering collecting $ 100 million to $ 200 million for the Political Action Committee (PAC) supported by Nakamo Inc. What is the goal of the proposed PAC? Read the whole story.
