EconomyTrump Crypto Ally David Bailey Rebuilds After 99% Stock Collapse

A year ago, crypto entrepreneur David Bailey seemed to have the Midas touch. After helping win Donald Trump over to Bitcoin, he raised about $760 million for a public company designed to accumulate the cryptocurrency, while his hedge fund returned 640% on similar bets.

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BBloomberg News★★☆☆☆2026-09-02 13:00Original