- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Bloomberg: David Bailey Convinced Trump to Support Cryptocurrency, His Hedge Fund Achieved 640% Net Return in 1 Year

By: theblockbeats.news|2025/07/18 12:22:01

BlockBeats News, July 18th: According to Bloomberg, a key organizer of the lobbying efforts that turned Donald Trump into one of the most prominent supporters of cryptocurrency is now betting big in one of the hottest sectors in the industry and has reaped astonishing rewards.

According to sources familiar with the matter, David Bailey's hedge fund, 210k Capital, achieved a 640% net return in the 12 months ending June, far outperforming Bitcoin itself. The fund invested in approximately a dozen companies that have pivoted to become Bitcoin buyers.

As of June 30th, 210k Capital had assets under management of $433 million.

Bit Digital increased its holdings by 19,683 ETH, bringing its total holdings to over 120,000 ETH

SEC Chairman: Stablecoins Fall Within the Regulatory Perimeter of Banking Authorities