ProCap BTC, the Bitcoin-focused financial firm led by Anthony Pompliano, has purchased 1,208 more BTC just one day after disclosing a previous $385 million acquisition of the asset.
The new purchase, valued at $128 million, was executed at an average price of $105,977 per BTC, bringing the firm’s total holdings to 4,932 BTC.
The announcement comes on the heels of ProCap’s plan to go public via a $1 billion merger with Columbus Circle Capital Corp. (CCCM). Once finalized, the combined entity will operate under the name ProCap Financial, Inc.
Bitcoin has recently reclaimed the $107,000 leve l, adding momentum to ProCap’s aggressive accumulation strategy. The firm’s rapid deployment of capital underscores its commitment to building a Bitcoin-native financial institution with BTC as its core treasury reserve.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
