David Bailey's hedge fund achieved a profit of 640% by investing in Bitcoin proxies.

210k Capital, an investment fund led by David Bailey, Trump's cryptocurrency advisor, has achieved a net profit of 640% over the past 12 months thanks to investments in companies holding Bitcoin, with assets under management reaching 433 million USD as of the end of June. Bailey, co-founder of Bitcoin Inc. and organizer of the Bitcoin 2025 event, has reaped significant profits from advocacy and investment activities, with an investment in The Smarter Web rising nearly 14,000% since February. The fund is seeking 30 new investments in potential Bitcoin representatives. The fund's portfolio spans Japan, Canada, Sweden, Australia, America, and the United Kingdom, accounting for about 95% of its assets. The fund is currently targeting markets without spot Bitcoin ETFs, including India and South Korea.

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