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.
