TLDR
- David Bailey plans to buy $760 million in Bitcoin tomorrow, using VWAP strategy.
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The purchase is part of Nakamoto Holdings’ $763 million Bitcoin treasury.
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Bailey’s move is designed to avoid market disruption and minimize price slippage.
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Nakamoto Holdings plans further Bitcoin purchases, with more funds raised for future buys.
David Bailey, the CEO of Bitcoin Magazine and advisor to President Donald Trump, is preparing to execute a massive Bitcoin purchase. Scheduled for August 12, the transaction will see Nakamoto Holdings, the company Bailey founded, purchase $760 million worth of Bitcoin. Bailey initially mentioned a $1 billion purchase but later clarified the actual amount would be closer to $760 million.
This purchase is a key moment for Nakamoto Holdings, which has been steadily building its Bitcoin treasury. Bailey confirmed that $760 million will be spent on day one, with plans for additional purchases to follow.
Strategic Trading Approach with VWAP
Bailey and his team will use a Volume Weighted Average Price (VWAP) strategy for the purchase. The VWAP strategy involves breaking the large order into smaller trades spread throughout the day. This approach allows the purchase to track the day’s average price, minimizing slippage and market disruption.
Instead of making a single, large market buy, the VWAP method ensures the transaction occurs with minimal impact on Bitcoin’s price movement.
Just in case anyone missed this below, I’m rounding up from our raise of $762.5m
— David Bailey🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025
This strategy has been employed to avoid the sharp price fluctuations that can occur when large orders are placed in the market. It is designed to blend the buying activity with the existing market volume, ensuring a smoother execution and preserving the stability of Bitcoin’s market.
David Bailey Bitcoin Advocacy and Regulatory Considerations
Bailey is well-known for his advocacy of Bitcoin and his efforts to advance the digital asset. He has previously spoken about his desire to execute a significant Bitcoin purchase and has long championed the asset’s potential. His company, Nakamoto Holdings, has raised funds through private placements, adding to its ability to make large-scale Bitcoin buys.
Bailey’s plans come at a time when the Bitcoin market is facing ongoing regulatory challenges. He has been involved in discussions surrounding cryptocurrency regulation, notably advising President Trump on Bitcoin policy.
His efforts aim to promote Bitcoin’s long-term success and strategic positioning within the global financial system. Bailey has also expressed interest in establishing a political action committee (PAC) to further Bitcoin’s interests in the U.S.
Market Reactions and Future Plans
Bailey’s announcement of the Bitcoin buy has drawn both excitement and caution from the crypto community. Some users on X, formerly Twitter, expressed excitement over the size of the purchase, calling it a “giga whale” move. Others warned that publicly revealing the trade in advance could lead to front-running, where traders attempt to profit by anticipating the large buy.
Despite these concerns, Bailey remains committed to his plans. He has clarified that Nakamoto Holdings’ total Bitcoin treasury target has been raised to $763 million, reflecting the growth of his company’s resources. The move marks a major milestone for Bailey and Nakamoto Holdings, with more purchases planned for the future as part of a broader strategy to build Bitcoin reserves.
Bailey’s vision goes beyond just buying Bitcoin. He has made it clear that Nakamoto Holdings intends to foster long-term strategic positions for Bitcoin, aiming for a price target of $10 million per Bitcoin over time. This ambitious goal highlights Bailey’s commitment to the digital asset’s future and the role he hopes his company will play in its evolution.
