๐จ Big Bitcoin Move!
ProCap BTC, led by American investor and entrepreneur Anthony Pompliano, just made waves in the crypto world by buying a massive 3,724 BTC in a single day! ๐ธ๐ฅ
๐ฐ The total value? Around $386.5 million, with an average price of $103,785 per Bitcoin. Thatโs some serious confidence in BTC! ๐ง ๐
๐ This bold move comes shortly after the company announced a $1 billion merger with Columbus Circle Capital on June 23, 2025 โ a deal that brought in over $750 million in capital. Following the merger, the company will go public under the new name ProCap Financial. ๐๏ธ๐
๐ข According to the official announcement, the capital raised was immediately converted into Bitcoin, giving equity investors direct exposure to BTC without delay.
๐ As part of its long-term business strategy, ProCap plans to keep stacking BTC on its balance sheet. Once the merger wraps up, ProCap Financial could hold up to $1 billion worth of Bitcoin in reserves! ๐๐
This is yet another sign that institutional interest in Bitcoin isnโt slowing down โ in fact, it's heating up! ๐ฅ๐งฑ #bitcoin #crypto