Bitcoin2026-07-04 03:30:14Anthony Pompliano’s ProCap BTC Buys $386 Million in Bitcoin and Prepares for a Public MergerProCap BTC, LLC, a bitcoin-native financial services firm backed by Anthony Pompliano, announced the purchase of 3,724 BTC at a time-weighted average price of $103,785 per bitcoin, bringing the total value of the acquisition to roughly $386 million. The company said it intends to continue accumulating bitcoin for its balance sheet as part of its ongoing business strategy. The announcement comes shortly after ProCap BTC revealed a definitive agreement to merge with Columbus Circle Capital Corp. I, listed on NASDAQ under the ticker CCCM, to create ProCap Financial, Inc. According to the disclosure, the combined company is expected to launch with up to $1 billion in bitcoin on its balance sheet, a scale described as the largest initial fundraising for a public bitcoin treasury company to date. The deal structure includes $516.5 million in equity and $235 million in convertible notes. Pompliano said the legacy financial system is being disrupted by bitcoin and positioned ProCap Financial as a response to growing demand for bitcoin-native financial services from sophisticated investors. He added that the company aims not only to accumulate bitcoin, but also to deploy risk-mitigated strategies designed to generate revenue and profit from its holdings. CCCM CEO Gary Quin endorsed the merger, highlighting Pompliano’s record as an investor, operator, and early advocate in the bitcoin ecosystem.470
Bitcoin2026-07-02 18:45:14Anthony Pompliano's ProCap BTC Acquires $386M in Bitcoin, Plans $1B Treasury ReserveProCap BTC, a bitcoin-native financial services firm led by Anthony Pompliano, has acquired 3,724 bitcoin at an average price of $103,785 per bitcoin, totaling approximately $386 million. The company also announced a definitive merger agreement with Columbus Circle Capital Corp I (NASDAQ: CCCM) to form ProCap Financial, Inc., which will launch with up to $1 billion in bitcoin on its balance sheet – the largest initial fundraise for a public bitcoin treasury company. Pompliano aims to build a platform that generates risk-mitigated revenue from bitcoin holdings, while CCCM CEO Gary Quin praises Pompliano's track record as an innovative investor and early Bitcoin advocate.350
Anthony Pompl2026-07-02 19:00:14Anthony Pompliano's ProCap BTC Buys $386M in Bitcoin, Plans Merger to Form $1B Bitcoin Treasury CompanyProCap BTC, LLC, a bitcoin-native financial services firm, acquired 3,724 bitcoin at an average price of $103,785, worth approximately $386 million. The company plans to continue buying bitcoin and announced a definitive merger agreement with Columbus Circle Capital Corp I to form ProCap Financial, expected to hold up to $1 billion in bitcoin on its balance sheet. Founder Anthony Pompliano emphasized the need to disrupt legacy finance through bitcoin-native services, and CCCM CEO Gary Quin praised Pompliano's track record. The deal includes $516.5 million in equity and $235 million in convertible notes.460