Bloomberg: David Bailey persuaded Trump to support Crypto Assets, with his hedge fund achieving a 640% net return within a year.

BlockBeats news, on July 18, according to Bloomberg, a key strategist behind the lobbying effort that turned Donald Trump into one of the strongest advocates for Crypto Assets is making a big bet in one of the hottest areas of the industry and has received astonishing returns. According to insiders, David Bailey's hedging fund 210k Capital achieved a net return of 640% over the 12 months ending June, far surpassing the rise of Bitcoin itself. The fund has invested in about a dozen companies that have transformed into Bitcoin buyers. As of June 30, 210k Capital had assets under management of $433 million.