Time
07:32
Bitcoin Magazine CEO plans to raise $200 million to support BTC-related political actions and push BTC to $10 million
August 6, 2025
CoinFeed News
Bitcoin Magazine CEO David Bailey plans to raise $100 million to $200 million to support Bitcoin-related political action. He stated that his campaign will focus on "Nakamoto" and solicit public feedback on a Bitcoin voter platform. In response to concerns that corporate funding for political action could lead to legal consequences, Bailey stated that such activity has not occurred at Coinbase and stated that his goal is to drive the Bitcoin price to $10 million.