The short answer is “no”, there is not an easy or standard way to do this. What you are looking for would be a Bluetooth repeater. Bluetooth repeater devices do exist, but are proprietary, not standardized. For example, this one from a German solar power manufacture, specific to their devices.
The longer answer is that it is possible, but will require software support from Device #2. That may involve custom software or firmware development. Depending on your application, it may be simpler to consider adding another form of wireless connectivity into the system, such as wireless Ethernet.