CEO Vows to Execute $1 Billion Bitcoin Buy in Single Bid

Summary: A Nasdaq-listed holding company led by David Bailey has stirred excitement in crypto markets with a bold claim to execute a massive Bitcoin purchase—initially teased at $1 billion, now clarified to be around $760 million. The announcement follows a major merger and financing deal, positioning the company for a high-profile BTC accumulation.

Countdown Sparks Market Speculation

The CEO of Nakamoto, a Bitcoin-focused holding company, ignited speculation by publicly stating his intention to “smash buy $1 billion of bitcoin in a single bid.” The countdown campaign, which ran for over two weeks, culminated in a last-minute extension before the anticipated buy window.

David Bailey later clarified that the actual purchase figure would be closer to $760 million. The $240 million discrepancy between the original statement and the revised figure has led to scrutiny among investors, with some questioning whether the move is a strategic publicity effort or an executable trading plan.

Ever since getting into Bitcoin I’ve always had this dream of smash buying $1b of bitcoin in a single bid. Tomorrow that dream comes true. Gotta start dreaming bigger.

— David Bailey 🇵🇷 $1.0mm/btc is the floor (@DavidFBailey) August 11, 2025

Merger and Financing Fuel Ambitions

Nakamoto’s bold move stems from a recent merger with a Nasdaq-listed firm, which enabled the newly combined entity to go public under a fresh ticker. The company claims to have secured up to $710 million in capital commitments to support its Bitcoin buying strategy.

This substantial war chest aligns Nakamoto with a growing list of public firms incorporating Bitcoin into their corporate treasuries, following in the footsteps of high-profile institutional buyers.

Execution Strategy Remains Unclear

Although the proposed $760 million Bitcoin acquisition has attracted widespread interest, key execution details remain unknown. It is still unclear whether the company will utilize over-the-counter (OTC) desks, block trades, or market orders on exchanges to carry out the transaction.

This distinction is critical, as placing such a large buy order on an open exchange could significantly impact Bitcoin’s price through slippage. Investors are also awaiting information about the company’s trading partners, custody mechanisms, and fund deployment schedules.

Community Reactions and Industry Context

Bailey has openly cited corporate Bitcoin advocates as inspirations for Nakamoto’s strategy. The combination of a public countdown and a high headline figure has made the initiative a focal point in crypto circles and financial forums.

While it’s not yet clear whether the bid is intended primarily to build a BTC-heavy treasury or to boost visibility for a newly listed company, the event underlines the continued institutional interest in Bitcoin as a reserve asset.

Featured image from Flickr, chart from TradingView