We have purchased 3,724 Bitcoin.
This purchase happened within one day after announcing a $1 BILLION merger and over $750 million fundraise.
The average price was ~ $103,785 per bitcoin.
We believe bitcoin is the new hurdle rate.
If you can’t beat it, you have to buy it.… pic.twitter.com/eX1iI9fVhm
— Anthony Pompliano 🌪 (@APompliano) June 24, 2025
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Crypto media personality Anthony Pompliano announced the launch of his own BTC-focused company on Nasdaq.
Michael Saylor’s Strategy may soon be getting a big competitor. On Monday, June 23, crypto podcaster and X influencer Anthony Pompliano announced the creation of ProCap Financial. The company will focus on accumulating Bitcoin (BTC) as a treasury asset, giving ordinary investors exposure to it.
Today I am announcing a $1 BILLION merger to create ProCap Financial, a bitcoin-native financial services.
The company will be a publicly traded entity on Nasdaq at the conclusion of the proposed business combination between my private company ProCap BTC, LLC and Columbus Circle…
— Anthony Pompliano 🌪 (@APompliano) June 23, 2025
The company will launch through a $1 billion SPAC merger between his private firm, ProCap BTC, and the publicly traded Columbus Circle Capital Corp. So far, his company has raised $750 million in capital for its Bitcoin treasury bid.
Pompliano also confirmed that ProCap Financial will list on Nasdaq as $CCCM. Out of the $750 million raised, the firm will use $516.5 million to acquire Bitcoin reserves within 15 days of signing, in order to mitigate market risk.
This news comes after reports earlier in July suggested that Pompliano was planning a billion dollar move. In addition to acquiring Bitcoin, ProCap Financial will also develop products that leverage Bitcoin’s network to generate profits over time.
“ProCap Financial will focus on acquiring bitcoin for its balance sheet, while also developing products and services to produce revenue and profit from the bitcoin on our balance sheet over time,” Anthony Pompliano.
In recent months, there has been a growing trend of companies adopting Bitcoin treasuries. The catalyst for the shift was the election of a pro-crypto administration in the White House. Notable examples include GameStop, 21 Capital, and Nakamoto. Collectively, 216 companies currently own nearly 31% of BTC’s supply, accounting for 765,300 bitcoins.
By far the biggest holder among them is Strategy, founded by Bitcoin maximalist Michael Saylor. His firm owns 592,345 bitcoins, worth more than $60 billion. In an X reply to the announcement, Saylor congratulated Pompliano on the move.
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Anthony Pompliano is set to lead a new Bitcoin investment outfit that plans to raise $750 million. His move comes as big sums flow back into crypto under a friendly White House. Investors are watching closely.
According to the Financial Times, Pompliano will become chief executive of ProCapBTC. The firm wants to gather $500 million in equity and add $250 million in convertible debt.
It will do this by merging with blank‑cheque company Columbus Circle Capital 1, which went public with a $250 million IPO in late May. Pompliano has already pulled in $220 million for a separate SPAC this year.
Based on reports, Columbus Circle Capital 1 got support from Cohen & Company, an investment bank in New York. That partnership gave ProCapBTC a fast track into public markets.
Pompliano’s last SPAC move closed in under six months, so investors see a quick timetable here. The blank‑cheque route has become a popular way to raise cash for Bitcoin buys without the usual paperwork of an IPO.
Crypto influencer Anthony Pompliano set to launch bitcoin-buying vehicle https://t.co/jMZ0PVx9qZ
— Financial Times (@FT) June 12, 2025
ProCapBTC’s plan mirrors what Michael Saylor’s MicroStrategy (rebraded to Strategy) did, and what Japan’s Metaplanet has tried. By blending equity with convertible debt, the group can boost its buying power.
But this mix comes with risk. If Bitcoin falls, the debt could convert into shares at a discount, cutting into early backers’ stakes. Pompliano will need to manage that balance carefully if he wants to hit the $750 million goal.
BTC is now trading at $104,802. Chart: TradingView
This push is part of a broader wave of crypto listings. Earlier this week, Peter Thiel‑backed Bullish filed for a US IPO, and Gemini—the platform run by the Winklevoss twins—also filed plans to go public.
Stablecoin issuer Circle saw its shares jump over 150% on their trading debut. All of this points to a revival in US markets for crypto firms.
Investors aren’t just looking at balance sheets. They’re watching politics too. US President Donald Trump has spoken favorably about digital assets during his second term. That has sent fresh capital into crypto names, including Trump’s own social media company.
Pompliano even warned against Trump’s threat to oust Federal Reserve Chair Jerome Powell last month, saying it would set a bad precedent for US central bank independence.
Bitcoin has been hovering near $105,000, with swings of up to 8% in a day. Dropping hundreds of millions into the market at once could nudge the price up, making buys more expensive. ProCapBTC might spread purchases over weeks or use futures to soften the impact, but details are scarce for now.
Featured image from Getty Images, chart from TradingView
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After revealing that it had added 4,710 Bitcoin (BTC) to its balance sheet, GameStop made headlines today. Given the current price of Bitcoin, GameStop’s holdings are worth about $513 million. Few details were included in the announcement, but enough impact was generated to get discussions going.
Among the first to offer an opinion was Anthony Pompliano, a longtime Bitcoin advocate and investor. In his view, the move will likely spark a wave of interest among retail traders, especially given GameStop’s unique position on the market.
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Momentum tends to build quickly with this type of news, he noted, especially with a company that already has a loyal, active investor base watching its every move.
Gamestop just announced they purchased 4,710 bitcoin.
This is going to send the retail traders into a frenzy.
— Anthony Pompliano 🌪 (@APompliano) May 28, 2025
GameStop has a history of surprising the market with its moves. Back in April, the company’s fundraising efforts included a private sale of convertible notes, with a target of institutional buyers, resulting in a total of $1.5 billion.
The document suggested that Bitcoin might be one of the final destinations for the funds, but it did not provide a definitive schedule. Now, that plan is confirmed. The notes will not convert into equity until 2030, suggesting the company is thinking long-term.
Pompliano’s reaction shows a bigger idea: GameStop is not new to taking risks. In 2021, it was at the heart of one of the most discussed retail investing events of the last decade, largely driven by influencers like Roaring Kitty and communities on Reddit.
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Thus, this Bitcoin purchase is not like the hype from before, but it has placed GameStop back in the spotlight. It is all about this mix of crypto and retail trading that has been happening.
Regardless of how the stock moves in the short term, today’s announcement signals something major: a surge of attention, narrative and perhaps volatility centered on a company that the retail sector monitors closely.
Popular crypto veteran Anthony Pompliano has finally discovered the secret behind Bitcoin’s continuous ascent after several years of holding Bitcoin, according to a recent post on X (formerly Twitter).
With the broad crypto market facing consistent volatility, especially Bitcoin, Pompliano claims that expansionary monetary policies are the major drive behind Bitcoin’s future potential.
With his experience as a long-term Bitcoin holder, Pompliano has realized that market speculations are not the key driver behind Bitcoin’s growth. He believes that Bitcoin will continue to surge as long as the government continues printing money.
After years of holding bitcoin, you realize that all the price predictions don’t matter.
Bitcoin is going to keep going up until the governments stop printing money.
— Anthony Pompliano 🌪 (@APompliano) May 20, 2025
According to Pompliano’s post, Bitcoin predictions from market experts are often irrelevant in determining the future of the world’s leading cryptocurrency.
While these speculations may temporarily fuel hype around the digital asset, leading to short-term rallies, they cannot influence Bitcoin’s long-term vitality.
The statement, which reaffirms Pompliano’s longstanding conviction in Bitcoin, has sparked discussions among the crypto community.
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Recent discussions on the X space suggest that other crypto experts share similar insights with Pompliano. Persisting accumulation from high-profile investors also confirms investors’ confidence in Bitcoin’s long-term value.
Earlier on, Binance’s CEO Richard Teng had applauded El Salvador for its long-term investment in Bitcoin, which has yielded the firm a massive 124% return.
While this shows that El Salvador’s decision to hold on to Bitcoin for so many years has finally paid off with huge returns worth over $357 million, Richard Teng says it is a perfect definition of a long-term conviction in Bitcoin.
With major institutions like MicroStrategy, Metaplanet, and others holding on strongly to their Bitcoin accumulation strategy amid recurring volatility, it appears that they share the same long-term vision for Bitcoin.
Although it is not certain if there will be an endpoint for Bitcoin, industry experts strongly believe that Bitcoin’s rise is inevitable as long as fiat currencies remain in existence.
Source: CoinMarketCap
This bullish statement from Pompliano comes at a time when the crypto market is experiencing stable price performance. Bitcoin itself has only surged by 0.76% since the last day, trading steadily above $105,492.