Preheat the oven to 425°F / 220°C.
Liberally spray a standard 10 to 12 cup Bundt pan with nonstick cooking spray. Ensure the center tube, sides, and ridges are thoroughly coated. Set aside.
In a medium mixing bowl, whisk together the eggs, milk, salt, and freshly ground black pepper until fully combined.
Pour the egg mixture into a skillet over medium heat.
Cook the eggs, stirring gently, until softly scrambled and just firm.
Remove the eggs from the heat and set aside to cool slightly.
In a large mixing bowl, use a fork to combine the self-rising flour, 1 cup of the shredded sharp cheddar cheese, and 1/2 cup of the finely crumbled bacon.
Make a well in the center of the flour mixture.
Add the heavy cream to the well.
Using a fork, gradually incorporate the heavy cream into the dry ingredients until the mixture is evenly moistened and a thick biscuit-style dough forms.
Sprinkle 2 tbsp of the reserved crumbled bacon evenly into the bottom of the prepared Bundt pan.
Sprinkle 1/4 cup of the shredded sharp cheddar cheese evenly over the bacon in the bottom of the pan.
Using a regular-size ice cream scoop or a 1/4 to 1/3 cup measuring cup, place half of the biscuit dough into the Bundt pan over the bacon and cheese.
Use the back of a spoon or an offset spatula to gently spread and flatten the dough slightly.
Sprinkle the dough with 1/2 cup of shredded sharp cheddar cheese.
Add the cooled scrambled eggs evenly over the cheese layer.
Sprinkle the remaining bacon crumbles evenly over the eggs.
Top with an additional 1/2 cup of shredded sharp cheddar cheese.
Scoop the remaining biscuit dough over the filling.
Gently flatten and spread the dough to cover the filling as evenly as possible.
Place the Bundt pan in the preheated oven.
Bake for 25 minutes, or until the bread is golden and a toothpick inserted into the biscuit dough comes out clean.
Remove the pan from the oven and allow the bread to rest in the pan for 5 to 10 minutes.
Carefully invert the bread onto a cake plate or serving platter.
In a small bowl, combine the melted butter and chopped fresh chives.
Brush the butter and chive mixture over the bread on all sides.
Slice with a sharp knife and serve warm.