The Individual Who Orange-Pilled The President Sees Major Gains: David Bailey Hedge Fund Surges 640%

An influential figure behind the lobbying initiative that turned Donald Trump into a formidable promoter of digital currency has made a strikingly lucrative investment in one of the sector’s most high-risk niches. David Bailey and his 210k Capital hedge fund realized a net gain of 640% over the 12 months leading up to June.

This success was achieved by investing in about a dozen firms that started acquiring BTC, as per a source familiar with the matter. This performance notably outpaced the returns from Bitcoin itself. As of June 30, the fund’s assets under management (AUM) amounted to $433 million.

lol. Gm pic.twitter.com/3rWLbNNM60

— David Bailey $1.0mm/btc is the floor (@DavidFBailey) July 18, 2025

David Bailey Orange-Pilled The President Before Achieving 640% Gains For His 210k Hedge Fund

Bailey, whom Trump has publicly acknowledged for assisting in changing his views from a BTC doubter to a supporter, is part of a growing cadre of crypto leaders who have profited from the surge triggered by Trump’s election win. Trump’s pro-crypto stance has driven BTC to unprecedented heights and sparked a wave of companies eager to serve as extensions of the original token—an opportunity that 210k Capital has adeptly taken advantage of.

The fund attained this by investing in publicly traded firms and persuading companies across various sectors, including hospitality and web development, to begin stockpiling BTC. A significant investment was made in The Smarter Web Plc, based in Guildford, UK, which has reportedly yielded an astonishing return of roughly 14,000%.

Although Bailey’s approach has delivered exceptional outcomes, it entails a risk profile that diverges significantly from conventional hedge fund strategies.

Smarter Web completed its initial public offering on London’s Aquis Stock Trading protocol in April to raise capital for Bitcoin acquisitions. After raising a total of £2.1 million ($2.8 million) through a pre-IPO round and the public offering, the value of Smarter Web’s shares surged.

Smarter Web has amassed 1,600 Bitcoin, valued at nearly $190 million. Still, the company’s stock price underscores the risks associated with 210k Capital’s strategy: the share price has fallen approximately 55% since its peak on June 20.

210k Capital invested £780,000 in the pre-IPO financing round, during which it also obtained stock warrants, as stated by Smarter Web’s CEO, Andrew Webley. The fund’s 15% ownership is currently valued at about £110 million.

While these crypto treasury stocks have proven extremely profitable for certain investors, they have also exhibited considerable price swings. For instance, shares of Ether-focused SharpLink Gaming Inc.

($SBET) plummeted by about 70% on June 13 following what Chairman Joseph Lubin characterized as a standard filing. However, it should be noted that SBET has since experienced a rebound, rising nearly 300% from those mid-June lows.

(SOURCE)

DISCOVER: Top Solana Meme Coins to Buy in July 2025 

Trump’s Connection To Bailey Started At Tennessee BTC Conference In July 2024

At a July 2024 Bitcoin conference in Nashville, Tennessee, Trump addressed the audience and affirmed his backing for the cryptocurrency sector, marking a pivotal occasion for the industry.

In that address, the now-President articulated his aspiration to make the United States “the world’s crypto capital” and specifically acknowledged Bailey for his efforts in lobbying for the presidential candidate. “So David, great job, you did a fantastic job,” Trump commented. Previously, Bailey had appealed to fellow crypto supporters to help raise $100 million for the Trump campaign.

Bailey’s connections with the presidential family go beyond his base level for Trump. The president’s son, Eric, is now part of the newly formed Strategic Board of Advisors for Metaplanet Inc. This Japanese hotelier-turned-Bitcoin proxy is among 210k Capital’s largest holdings, accounting for about a quarter of its portfolio. Bailey is also a member of Metaplanet’s advisory board.

Metaplanet, which once managed a