Anthony Pompliano to Buy Bitcoin at Scale: Will ProCapBTC’s $750M Plan Succeed?
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- Pompliano’s ProCapBTC aims to raise $750M to acquire large amounts of Bitcoin.
- Columbus Circle Capital 1 to merge with ProCapBTC, enabling a major Bitcoin treasury move.
- Trump’s pro-crypto stance fuels fresh interest in digital assets and crypto market growth.
Anthony Pompliano, a prominent digital assets entrepreneur and podcast host, is reportedly set to become CEO of ProCapBTC, a new investment firm aiming to acquire large amounts of Bitcoin. ProCapBTC plans to raise $750 million by merging with Columbus Circle Capital 1, a special purpose acquisition company (SPAC) backed by investment firm Cohen & Company.
The funding breakdown includes $500 million in equity and $250 million in convertible debt. Sources close to the matter indicate that the deal could be announced as early as next week, although final terms have not been confirmed. If completed, the transaction would mark one of the largest Bitcoin-focused treasury initiatives in recent months.
Cohen & Com…
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