News list for " magazines"
Bitcoin Magazine CEO David Bailey tweeted that he plans to raise more than $100 million to form a "Fairshake PAC" focused on bitcoin-related policy issues. Bailey said the group would take action against lawmakers who voted against the bitcoin tax amendment in the midterm elections. He also called on supporters to contact senators, calling it a "matter of life and death."
According to people familiar with the matter, David Bailey, who served as a cryptocurrency policy advisor to Donald Trump during his 2024 campaign, is raising $300 million to launch a publicly traded bitcoin investment firm. Previously, several companies have acquired cryptocurrencies in an attempt to replicate the success of Michael Saylor's Strategy, which has transformed into a bitcoin investment firm, and Bailey is raising $200 million through private placement of new shares and convertible ...
David Bailey, chief executive of Bitcoin Magazine, said in a social media post that "if the Department of Justice has been hastily liquidating the U.S. government's holdings of Bitcoin (against the president's wishes) in the three months since it received court approval, then the recent price movement of Bitcoin can be explained." Hinting that the government sell-off could be a big reason for the recent pressure on Bitcoin prices.
On January 17, according to Bitcoin Magazine, Bitcoin mining company MARA has embedded a portrait of President Trump in the Bitcoin block to commemorate his upcoming inauguration. It is reported that Trump will become the first president of the United States to support Bitcoin.
