Bloomberg reported that David Bailey, the lobbyist who promoted Donald Trump to become a cryptocurrency supporter, is investing in the cryptocurrency industry and has received a huge return. Its hedge fund 210k Capital has achieved a staggering 640% net return over the past 12 months, far exceeding Bitcoin’s gains. The fund invests in a number of companies that have transformed into Bitcoin buyers, with assets under management reaching $433 million as of June 30.
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