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Pompliano's ProCap Injects $128,000,000 into Bitcoin, Will It Flip Metaplanet?

Pompliano’s ProCap Injects $128,000,000 into Bitcoin, Will It Flip Metaplanet?

by admin June 26, 2025

Bitcoin (BTC), the leading digital currency, is gaining traction among institutional investors. Notably, Anthony Pompliano’s firm, ProCap BTC, has invested over $128 million in acquiring the top cryptocurrency. In a post written to his more than 1.7 million followers, Pompliano called on investors to consider Bitcoin or risk falling behind.

$128 million purchase cements ProCap’s bullish stance

According to Pompliano, a crypto entrepreneur, ProCap purchased an additional 1,208 BTC to add to its holdings as it seeks to stack the coin. The average purchase price of this latest acquisition came in at $105,977 per BTC. This cost ProCap a total of $128,020,216, taking the firm’s holdings to 4,932 BTC.

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The crypto entrepreneur clarified that some of the financing for this purchase came from Columbus Circle Capital Corp (CCCM). The company recently raised capital for Bitcoin financing and immediately deployed it in the same way as ProCap.

We have purchased another 1,208 bitcoin.

The average price was ~ $105,977 per bitcoin. We now hold a total of 4,932 bitcoin.$CCCM is one of the few bitcoin treasury companies that recently raised capital with the ability to offer equity investors exposure to bitcoin now… pic.twitter.com/cJWdj6RcW3

— Anthony Pompliano 🌪 (@APompliano) June 25, 2025

It is worth noting that this purchase of Bitcoin at approximately $106,000 indicates ProCap’s level of confidence in the asset. It suggests that they believe BTC will go higher despite the volatility that has characterized the market in the last couple of days.

Pompliano says the company believes “Bitcoin is the new hurdle rate.” That is, Bitcoin is the benchmark or baseline for now. For ProCap to consider any other investment worthwhile, it has to outperform Bitcoin.

Is there institutional race for Bitcoin dominance?

Pompliano’s post closes with a strong message to potential investors on the broader financial market. “If you can’t beat it, you have to buy it,” he wrote.

The words emphasize his conviction and stance on Bitcoin as the logical asset to own, hence the aggressive purchasing plan. ProCap purchased 3,724 BTC for $386 million about 24 hours ago.

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At this rate, ProCap might chase down Japanese firm Metaplanet, which has also adopted a Bitcoin accumulation strategy. Currently, Metaplanet has 11,111 BTC, making it the eighth largest corporate Bitcoin holder. It has a new Bitcoin target set for 2027.

This puts Metaplanet ahead of ProCap by 6,179 BTC, or over $1 billion. However, with consistent accumulation, ProCap could rise from its 13th position into the elite top 10 corporate holders.

June 26, 2025 0 comments

Pompliano'S Firm Holds More Bitcoin Than Gamestop: Can It Catch Up?

Pompliano’s Firm Holds More Bitcoin Than GameStop: Can It Catch Up?

by admin June 25, 2025

ProCap BTC, the investment firm founded by Anthony Pompliano, has officially passed GameStop in Bitcoin holdings after 2 days of consistent purchases made on June 24 and 25, 2025. Pompliano shared the update himself on X (formerly Twitter), “We now hold more bitcoin than Gamestop. The race is on to acquire as many bitcoin as possible.”

ProCap Surpasses GameStop in Bitcoin Hodling | Source: X

Earlier today, Pompliano announced that his firm had bought an additional 1,208 BTC at an average price of $105,977 per coin, totaling roughly $128.02 million. This was just a few hours when it added 1,208 more Bitcoin at $105,977 each, costing $128.02 million. That brings the company’s total to 4,932 BTC, now worth over $532 million based on the current market price.

Meanwhile, GameStop started its own Bitcoin journey earlier this year. In May 2025, the company bought 4,710 BTC for about $495 million after raising $1.3 billion back in March to help fund the purchase. Earlier this month, GameStop also announced a $2.25 billion private offering to bring in more cash, with plans to grow its Bitcoin holdings even further. At the moment, Gamestop is just 222 BTC short of ProCap holding. It might not be a lot, but the number is still notable.

Just days before starting its Bitcoin buying spree. ProCap BTC announced a $1 billion merger with a public company called Columbus Circle Capital Corp. I (CCCM).

The new company is expected to be called ProCap Financial, Inc., after the merger, and will be listed on the stock market. This will allow everyday investors to get Bitcoin exposure just by buying shares.

Pompliano was able to fund the buy after raising over $750 million, which came from $516.5 million from selling shares and $235 million from convertible notes. These are loans that don’t earn interest but can later be turned into shares. The Bitcoin and funds are being held and managed by U.S. Bank National Trust.

However, the video game retailer has also disclosed in a new filing to the United States Securities and Exchange Commission (SEC) on Tuesday that it has raised another $450 million through sales of follow-up zero-coupon convertible notes. This brings the total funds raised to about $2.7 billion from the offering.

GameStop said the funds will be used for general business needs and for making investments, which include buying more Bitcoin. Although ProCap has the lead for now, the race is still long, and GameStop could catch up if it starts its own buying spree.

Also Read: Green Minerals and Panther Metals Make First Bitcoin Purchase

June 25, 2025 0 comments