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Fernando 🎩
@fernando
1.- David Bailey, Trump advisor, has raised $300 million to launch a publicly traded Bitcoin investment Company (to replicate Michael Saylor's treasury strategy). 2.- US Commerce Secretary Howard Lutnick’s firm has put nearly 40% of its top equity holdings into Strategy, the company most leveraged by Bitcoin. 3.- Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chairman of Cantor Fitzgerald, is promoting a publicly traded Bitcoin investment vehicle, 21 Capital, which is also backed by SoftBank, Tether, and Bitfinex. Conclusions: A. Someone has privileged information about the next steps the United States federal government will take regarding Bitcoin. B. Ethics and the Trump administration are two concepts that don't go well together.
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