I just saw the big move by Anthony Pompliano:

His ProCap Financial completed a merger with a SPAC to acquire, aiming to inject $1 billion into a Bitcoin asset pool. Unlike just holding coins, it will operate through lending, derivatives, and other means.

To me, this signifies two trends:

Massive capital bullish on BTC: Moving from holding positions to professional financial services, this time it’s not traditional speculation, but institutional operations.

Bitcoin entering the era of "financial instrumentization": Not just a reserve asset, but also generating profits, the capacity of the on-chain ecosystem is once again affirmed.

My judgment: If this model is replicated, the next wave of the Bitcoin bull market will be more stable and have a more "structural logic."

#Bitcoin #BTC #ProCap #CryptoInstitutional #PersonalView