Crypto

ProCap BTC, Anthony Pompliano, buys $386M Bitcoin after SPAC deal, plans public merger

by Market News Data

From Cointelegraph

June 25, 2025 12:53 AM:

ProCap BTC, owned by Anthony Pompliano, purchased 3,724 Bitcoin for $386 million, now valued at nearly $400 million as Bitcoin prices rise. The firm plans to go public via a merger with Columbus Circle Capital, raising over $750 million for the deal.

Other companies, like Strategy and Metaplanet, are also increasing their Bitcoin holdings. Grant Cardone’s real estate firm bought 1,000 BTC for its treasury, while Panther Metals plans to buy $5.4 million and Green Minerals plans to buy $1.2 billion worth of Bitcoin.

Read more at Cointelegraph: Pompliano’s ProCap Buys $386M Bitcoin After $1B SPAC Deal

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