Anthony Pompliano’s ProCap BTC Acquires 1,208 More Bitcoin Assets
ProCap BTC Acquires 1,208 bitcoin Amid $1 Billion Merger Plans
Anthony Pompliano’s Firm Expands bitcoin Holdings
New York, NY, June 25, 2025 (GLOBE NEWSWIRE) — Anthony Pompliano, a prominent American investor and entrepreneur, has announced that ProCap BTC, LLC, a financial services firm focused on bitcoin, has successfully acquired 1,208 bitcoin at a time-weighted average price (TWAP) of $105,977 each. This acquisition follows the firm’s recent announcement on June 23, 2025, regarding a proposed $1 billion merger with Columbus Circle Capital Corp. I (NASDAQ: CCCM), aimed at taking the company public under the name ProCap Financial, Inc. With this latest purchase, ProCap BTC now holds a total of 4,932 bitcoin on its balance sheet.
Strategic bitcoin Acquisition Program
The recent bitcoin acquisition is part of ProCap BTC’s ongoing strategy to enhance its bitcoin holdings. The firm has swiftly utilized the funds raised during the signing to bolster its bitcoin assets, providing immediate exposure to equity investors. ProCap BTC intends to persist in its bitcoin purchasing strategy, aiming to hold up to $1 billion in bitcoin by the time the proposed merger is finalized. It is important to note that the TWAP for these recent purchases may differ from the “Signing bitcoin Price” outlined in the Business Combination Agreement established with CCCM.
About ProCap BTC and ProCap Financial
ProCap BTC, LLC, founded by Anthony Pompliano, is a financial services firm that specializes in bitcoin. Pompliano has a robust investment portfolio, having invested in over 300 private companies, and is recognized as a leading authority on bitcoin globally. The forthcoming ProCap Financial, Inc., resulting from the merger, will focus on developing various profit-generating products and services tailored to meet the financial needs of large institutions and institutional investors.
Overview of Columbus Circle Capital I
Columbus Circle Capital Corp. I (NASDAQ: CCCM) is a blank check company incorporated in the Cayman Islands, designed to facilitate mergers, asset acquisitions, and similar business combinations. The company is led by Chairman and CEO Gary Quin, who brings over 25 years of experience in investment banking, alongside COO Dan Nash and CFO Joseph W. Pooler, Jr., both seasoned professionals in their respective fields. The board includes notable figures such as Garrett Curran and Dr. Adam Back.
Important Information and Future Filings
ProCap Financial, Inc. and Columbus Circle Capital Corp I plan to file a Registration Statement with the U.S. Securities and Exchange Commission (SEC), which will include a preliminary proxy statement and a prospectus related to the proposed merger. This documentation will provide essential information regarding the business combination agreement signed on June 23, 2025, and other related transactions. Shareholders of CCCM will receive these documents once they are available.
Cautionary Note on Forward-Looking Statements
This announcement contains forward-looking statements regarding the proposed transactions involving ProCap Financial, ProCap BTC, and CCCM. These statements reflect current expectations and are subject to various risks and uncertainties that could cause actual results to differ materially. Factors such as regulatory approvals, market conditions, and the volatility of bitcoin prices may impact the anticipated outcomes.
Media Inquiries
For further information, please contact:
- Ebony Lewkovitz: [email protected]
- Larissa Bundziak: [email protected]
- Dan Nash: [email protected]
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