Key Highlights
- In the latest interview, David Bailey revealed that the U.S. Treasury team is working full-time on strategies to grow the nation’s Bitcoin reserves
- David Bailey shared his strategy to dominate in the race of Bitcoin treasury companies
- Jack Mallers’s Twenty One Capital began trading on the New York Stock Exchange
In the latest interview on Bloomberg Crypto, a popular advisor to U.S. President Donald Trump’s administration has revealed that the U.S government is planning to expand its Bitcoin holdings.
David Bailey, CEO of BTC Inc., revealed that a dedicated team within the U.S. Treasury is working full-time on strategies to grow the nation’s Bitcoin reserves.
“I expect half of DATs [digital-asset treasury firms] to consolidate by next year.” @DavidFBailey, the CEO & Chairman of KindlyMD and connected to various DATs, is the man credited with converting President Donald Trump into a crypto believer. He speaks on “Bloomberg Crypto”… pic.twitter.com/k9TKHZV3Ua
— Bloomberg TV (@BloombergTV) December 9, 2025
Currently, the United States government holds a substantial amount of seized digital assets, comprising 197,354 BTC. David Bailey believes that it is good governance to grow these Bitcoin holdings.
Earlier this year, U.S President Donald Trump signed an executive order to establish a BTC reserve by using seized cryptocurrency. “I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field,” Trump stated in the official press release.
“I’m bullish on the US buying Bitcoin,” David Bailey said.
During the interview, he also revealed the impact of the ongoing turmoil on BTC treasury companies and strategies. To stand out among the competition in digital asset treasury companies, he revealed his strategy to build a Bitcoin (or crypto) balance sheet and monetize it.
Earlier, in an exclusive interview with Scott Melker on The Wolf of All Streets, David Bailey affirmed that BTC’s adoption among institutional players is still in an early phase. He also slammed Wall Street giants for using deceptive techniques to erase this trend.
“Wall Street doesn’t care about anything but making money. They’ll smile and shake your hand, tell you everything you want to hear, and then slit your throat. You’re not a customer to them; you’re prized livestock being herded into a sausage factory. Their sole purpose is to make as much money off you as possible before you disappear,” he said.
Earlier, he also forecasted that there would be no major bear market for BTC in the coming years by highlighting the maturing financial structure for digital assets and steady institutional investment. At present, David Bailey’s Nakamoto holdings own 5,398 BTC.
Twenty One Capital Debuts on NYSE
Amid the boom in the institutional adoption of BTC, a new company with a large Bitcoin treasury has begun trading on the New York Stock Exchange. Jack Mallers, the CEO of Strike, unveiled Twenty One Capital, which debuted on December 9 under the ticker symbol XXI. The company was formed through a merger and holds approximately 43,500 Bitcoin, worth around $4 billion. This makes it one of the largest corporate holders of Bitcoin.
💥 BREAKING: 🇺🇸 Jack Mallers’ Twenty One Capital goes live on the NYSE with $4 BILLION Bitcoin on its balance sheet pic.twitter.com/EEvKoKAi9o
— Bitcoin Archive (@BitcoinArchive) December 9, 2025
“Yes, we own a lot of bitcoin. Yes, we’re going to acquire as much as we possibly can, but we’re also about to launch a ton of business lines and produce profit that’s related to bitcoin, and that’s a lot of why we created the company in the first place,” Mallers said.
The company is backed by major industry players, including Tether Investments and Bitfinex, with SoftBank as a minority investor. The listing of the BTC treasury company provides traditional stock market investors with a direct way to gain exposure to BTC’s price movement through a regulated public entity.
Will Bitcoin See a Rally After the Fed Rate Cut?
At the time of writing this, BTC is trading at around $92,717.67 with an impressive market capitalization of $1.85 trillion, according to CoinMarketCap.
The cryptocurrency market is expecting an interest cut from the Federal Reserve at its December meeting, with analysts pricing in an 89% probability. This macroeconomic shift is seen as a major force behind Bitcoin’s recent price rebound, which saw it surge from lows around $80,500 in November to $94,000 by December 9.
