CoinCentral
TLDR David Bailey plans to buy $760 million in Bitcoin tomorrow, using VWAP strategy. The purchase is part of Nakamoto Holdings’ $763 million Bitcoin treasury. Bailey’s move is designed to avoid market disruption and minimize price slippage. Nakamoto Holdings plans further Bitcoin purchases, with more funds raised for future buys…
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David Bailey to Make $760 Million Bitcoin Purchase Using VWAP Strategy
Kelvin Munene
13:30
TLDR David Bailey plans to buy $760 million in Bitcoin tomorrow, using VWAP strategy. The purchase is part of Nakamoto Holdings’ $763 million Bitcoin treasury. Bailey’s move is designed to avoid market disruption and minimize price slippage. Nakamoto Holdings plans further Bitcoin purchases, with more funds raised for future buys…
