Whitman Transition Advisors and asset management company Truvestments are launching a Bitcoin where CPA firms’ high-net-worth clients can buy in early.
The Truvestment Bitcoin Legacy Fund is currently in its first phase of development wherein Phil Whitman, CEO of Whitman Transition Advisors, and Mike Williams, managing partner at Truvestments, are partnering with CPA firms to find qualified private investors to reach a $150 million minimum goal.
In the second phase, that $150 million will be matched by institutional investors, bringing the treasury total to $300 million. Finally, they will back that money into an already-secured NASDAQ registered entity, and then offer “what is projected to be $600 million to $700 million worth of shares in that new Bitcoin treasury company,” Williams said.
They expect the fund to be publicly listed in roughly one year, in October 2026. Accounting firms can get involved by first scheduling a call with Whitman and Williams.
“It should be the CPA firm and or the wealth management professional that advises their clients as to the current opportunity they’re faced with by investing in Bitcoin and some other alternative coins,” Whitman said.
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“You don’t want your competition to be teaching your client about digital assets. That is not what you want. So it is something that the sooner one accepts it, the more productive it becomes,” Williams said.
“We are on the cutting edge of change. While it all sounds rather crazy to think of $100,000 Bitcoin being cheap, what we’re going to find is it’s the equivalent of buying the Dow at 900, so we need to all understand it,” he added. “All we’re trying to do is create an educational process and a route by which they can maneuver that pathway so that CPAs can teach their important clients these important aspects.”
Whitman and Williams did not disclose the number of firms currently involved in the fund.
