Anthony Pompliano, founder of ProCap BTC LLC, has announced that the company has purchased an additional 1,208 BTC at an average TWAP price of $105,977 per Bitcoin, bringing its total holdings to 4,932 BTC. The company previously spent $386 million on 3,724 BTC on Tuesday. This is a strategic move in line with the announcement of a $1 billion merger with Columbus Circle Capital Corp. I plan to take ProCap Financial, Inc. public this year.
Columbus Circle Capital Corp. I, a special purpose acquisition company (SPAC), will support ProCap BTC in going public under the name ProCap Financial, Inc. ProCap plans to hold up to $1 billion worth of Bitcoin to optimize its ability to provide specialized financial services to large institutions and investors. The company will use investor deposits to accumulate Bitcoin, giving investors immediate access to Bitcoin assets through an equity offering.
ProCap BTC Aims to Stockpile $1 Billion in Bitcoin for Listing
The time-weighted average price (TWAP) for the second purchase may differ from the Bitcoin price agreed upon by CCCM and ProCap on June 23, 2025. Upon completion of the business combination, ProCap Financial Inc. is expected to own up to $1 billion worth of Bitcoin. Pompliano believes Bitcoin is the new benchmark for returns, and if you can’t beat it, you should buy it.
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
Columbus Circle Capital Corp. I (NASDAQ: CCCM), a Cayman Islands-based checking bank, was formed to execute mergers, equity swaps, asset sales and corporate restructurings. CCCM is led by CEO and Chairman Gary Quin, an investment banker with over 25 years of experience in cross-border M&A, private equity and capital markets.
COO Dan Nash specializes in SPAC deployments and advisory platform development; CFO Joseph W. Pooler, Jr. serves as a financial manager for public companies. CCCM shares are trading at $10.80, down 5.26% on the day, with a range of $10.71 to $11.19. Despite a 6.41% gain year-to-date, the stock has been sluggish following the merger announcement with ProCap BTC LLC, reflecting investor uncertainty.
Pompliano Claims Bitcoin Hodling Race Is On
Anthony Pompliano has publicly stated that ProCap now owns more Bitcoin than Gamestop – one of the largest publicly-traded Bitcoin reserves, which holds 4,710 BTC. He emphasized that the race to hold as much Bitcoin as possible has exploded. According to Pompliano, corporate Bitcoin reserves are accelerating their accumulation of Bitcoin, fueled by promises of cheap capital returns and backing from major brands, creating the hallmarks of a crypto asset bubble.
ProCap is the latest in a wave of Bitcoin storage companies that serve corporate treasuries. If it goes public, it would rank 13th on the list of the largest publicly traded Bitcoin holders, right behind Next Technology Holding Inc.
ProCap Financial Inc., the new company formed from the merger, is expected to list on Nasdaq after completing regulatory approvals from the U.S. Securities and Exchange Commission (SEC), according to Constantine Karides, the lead legal counsel for the case.
Pompliano believes that Bitcoin is disrupting the traditional financial system right before their eyes. The company's goal is to build a platform for storing Bitcoin on its balance sheet with risk management solutions, thereby creating a sustainable revenue stream and profit from its Bitcoin holdings.
Meanwhile, many other companies have also announced plans to buy corporate Bitcoin reserves, such as real estate entrepreneur Grant Cardone, who proposed 1,000 BTC for his company's treasury. Resource mining company Panther Metals also announced a Bitcoin Treasury strategy that combines traditional mining assets with crypto, investing $5.4 million to buy Bitcoin.
Source: https://tintucbitcoin.com/procap-btc-cua-anthony-pompliano-mua-1208-btc/
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