210k Capital, an investment fund led by Donald Trump’s crypto adviser David Bailey, has generated an impressive 640% net return over the 12 months ending in June. Bailey, who also helped launch Bitcoin Inc. and organized the recent Bitcoin 2025 event, has played a major role in pushing Bitcoin adoption,
According to a report from Bloomberg. The fund focuses on companies that have Bitcoin on their balance sheets, often referred to as Bitcoin treasury companies and managed $433 million in assets as of June 30.
His initial gamble on The Smarter Web, a UK-based business, returned as much as nearly 14,000% since February, reports said.
The fund is with 30 other investments in both mature and new Bitcoin proxy companies, said Evans, 210k Capital’s managing partner. They are usually publicly traded companies with heavy exposure to Bitcoin.
Its portfolio that includes the US, UK, Japan, Canada, Sweden, and Australia. These positions account for approximately 95% of the assets in the fund. Among its best-performing positions is Metaplanet, a Japanese hotel chain that made a pivot to becoming a Bitcoin treasury firm.
Metaplanet currently accounts for approximately a quarter of 210k Capital’s portfolio. The fund’s investment of $1 million in warrants for Metaplanet has increased to a position valued at $106 million. The fund had a mere $44 million under management at the time of this switch.
210k Capital is now focusing its sights on markets yet to greenlight spot Bitcoin ETFs. Target markets are India, South Korea, and nations in Southeast Asia and Latin America. The fund regards such underdeveloped markets as fertile ground for opportunity and looks forward to soon announcing deals there.
As Bitcoin gradually takes its position within corporate coffers and conventional finance, funds such as 210k Capital are building a new type of global access to the asset, one that’s based more on strategy than speculation.