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ProCap

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.

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.

ProCap BTC files 8-K with U.S. SEC to go public via merger

by admin June 25, 2025

Anthony Pompliano’s Bitcoin-focused firm, ProCap BTC, has filed an 8-K with the U.S. Securities and Exchange Commission to go public through a merger with Columbus Circle Capital Corp I, a blank-check company.

A June 25 announcement, shared by Pompliano on X, outlines a business merger that would form ProCap Financial, Inc., a Nasdaq-listed entity. The move comes after a series of high-profile events for the company, demonstrating its intention to develop institutional infrastructure around Bitcoin (BTC).

We filed an 8-K today for the proposed business combination between ProCap BTC, LLC and Columbus Circle Capital Corp, which will create the publicly listed ProCap Financial at the closing of the deal.
Here is the deck we included. $CCCM pic.twitter.com/L8SapBfW6Y
— Anthony Pompliano 🌪 (@APompliano) June 24, 2025

Just a day before the filing, ProCap disclosed the purchase of 3,724 BTC, worth approximately $387 million, at an average price of $103,785 per coin. In addition, the company recently raised more than $750 million, which included $225 million in convertible debt and $550 million in equity. The funds will support its long-term strategy of treating Bitcoin as a primary treasury asset, according to investor materials.

ProCap aims to differentiate itself from traditional financial firms by generating yield on Bitcoin holdings while offering products for institutional investors. If the merger is completed, ProCap would become one of the top 15 publicly traded corporate Bitcoin holders globally, according to data from Bitcointreasuries.com.

The special-purpose acquisition company merger route comes as more crypto-native companies explore public listings amid increasing regulatory clarity in the U.S. ProCap’s planned listing joins several digital asset firms seeking market legitimacy through public offerings.

As part of the process, Columbus Circle and ProCap will submit a registration statement to the SEC, including a joint prospectus and proxy materials. Investors and stakeholders are encouraged to review those filings once available.

Pompliano, a long-time Bitcoin advocate, has positioned ProCap as a pure-play on BTC’s future as institutional demand grows. With significant capital raised and a clear focus on Bitcoin-native financial services, the firm is shaping up to be one of the most closely watched crypto listings of 2025.

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June 25, 2025 0 comments

GameFi Guides

Pompliano Bitcoin Treasury ProCap Buys $395 Million in BTC

by admin June 24, 2025

In brief

Bitcoin treasury firm ProCap has purchased 3,724 Bitcoin currently worth $395 million.
The company intends to merge with Columbus Circle Capital in a $1 billion SPAC to become ProCap Financial.
An increasing number of public companies have established Bitcoin treasuries over the past few months.

Bitcoin treasury firm ProCap acquired 3,724 Bitcoin currently worth about $395 million on Tuesday, just one day after announcing its plans to go public in a $1 billion SPAC deal.

Founded by investor and cryptocurrency personality Anthony Pompliano, ProCap purchased the Bitcoin this week at a time-weighted average price of $103,785 per token, according to the firm’s statement.

“We believe bitcoin is the new hurdle rate,” Pompliano wrote in an X post addressing the announcement. “If you can’t beat it, you have to buy it.”

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

Bitcoin was recently trading at about $106,000 up 2.1% in the past 24 hours, according to data provider CoinGecko.

The purchase follows ProCap’s announcement on Monday that it closed a $750 million raise. The funds, which will go toward helping the company merge with blank-check firm Columbus Circle Capital to become ProCap Financial— a new publicly traded company.

ProCap’s first Bitcoin buy comes amid a boom in publicly traded companies’ adoption of treasuries based on the world’s oldest cryptocurrency.

Michael Saylor’s Strategy, formerly Microstrategy, pioneered the approach, pivoting its focus from software development to Bitcoin accumulation in 2020. Since then, the firm has snapped up more than 592,000 Bitcoin worth about $62 billion worth of Bitcoin, according to the company’s filings.

Beyond Strategy, 245 public companies hold the digital asset on their balance sheets, up roughly 13% over the past month, according to data from bitcointreasuries.com. In total, the firms hold a total of more than $88 billion in Bitcoin, the same data shows. They include healthcare technology firm Semler Scientific, and Japanese hotel management firm Metaplanet.

Meanwhile, other publicly traded firms, including Upexi, Wellgistics Health and DeFi Development Corp., have replicated Strategy’s playbook with altcoins, including XRP and Solana.

ProCap plans to acquire more Bitcoin for its treasury as part of its business strategy, according to its latest public statement. The company estimates it will hold up to $1 billion in Bitcoin at the time of closing of its proposed merger with Columbus Circle Capital.

Edited by James Rubin

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June 24, 2025 0 comments

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Pompliano Bitcoin Treasury ProCap Unveils $1 Billion SPAC Merger

by admin June 23, 2025

In brief

Anthony Pompliano’s ProCap plans to leverage its Bitcoin holdings to “implement risk-mitigated solutions to generate revenue and profits.”
The firm says it will hold $1 billion in Bitcoin once a proposed merger is completed.
Bitcoin treasury firms are a hot trend, but analysts have raised concerns about the dynamic’s sustainability and the ultimate market impact.

Social media personality and crypto investor Anthony Pompliano unveiled a $1 billion merger on Monday to create ProCap Financial, a Bitcoin-native financial services firm that will soon join a growing list of companies stockpiling the asset on the Nasdaq.

Pompliano, who began promoting ProCap in April, said on X, formerly Twitter, that he had recently raised $750 million from “leading institutional investors on Wall Street” for the blank-check firm, alongside heavy hitters in the cryptosphere.

“It’s time to get to work,” Pompliano said, noting that ProCap will develop “products and services to produce revenue and profit from the bitcoin on our balance sheet over time.”

ProCap will merge with Columbus Circle Capital, which trades on the Nasdaq under the ticker name CCCM, ProCap said in a press release. Entities in the proposed transaction raised $516 million in equity and $235 million through convertible notes, the firm added.

Pompliano’s announcement comes amid a sharp uptick in firms adding Bitcoin to their balance sheets, including Trump Media’s $2.5 billion raise to buy Bitcoin last month, and GameStop’s recent adoption of Bitcoin as a treasury reserve asset. Although many firms are simply buying Bitcoin and holding it, Pompliano underscored in a statement that capital will be put to work.

“Our objective is to develop a platform that will not only acquire bitcoin for our balance sheet, but will also implement risk-mitigated solutions to generate revenue and profits from our bitcoin holdings,” he said.

Bitcoin-buying firms like Strategy, formerly MicroStrategy, have been able to transform themselves over time. In a recent note from Coinbase, however, analysts warned that the trend may not be sustainable and could one day yield “systematic risks” for the entire crypto sector.

The logic goes that a sharp drawdown in Bitcoin’s price could force these firms, which often turn to debt to fund purchases, could be forced to sell the asset en masse.

Worldwide, 134 public companies have purchased 835,000 Bitcoin worth $85 billion, according to Bitcoin, according to Bitcoin Treasuries. Bitcoin was changing hands around $102,000 on Monday, a 2.2% increase over the past day, according to crypto data provider CoinGecko.

Edited by James Rubin

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Start every day with the top news stories right now, plus original features, a podcast, videos and more.

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June 23, 2025 0 comments

KindlyMD shareholders approve Bitcoin pivot via Nakamoto Holdings merger

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Pompliano unveils ProCap Financial, eyes $1b BTC play via SPAC

by admin June 23, 2025

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.

Pompliano’s company to leverage the Bitcoin network

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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June 23, 2025 0 comments