Anthony Pompliano's Bitcoin vault company ProCap announced that it will go public through a SPAC merger, with a transaction valuation of up to 1 billion USD, expected to be completed by the end of 2025. ProCap has previously raised 550 million USD in preferred stock and 225 million USD in convertible bonds, and plans to operate its BTC reserves through a yield strategy, rather than just holding them.

Wall Street old-timers, not a peep yesterday, and today they're releasing good news left and right.