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Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise
Bitcoin Magazine Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise Anthony Pompliano announced a $1 billion merger creating ProCap Financial through a Special Purpose Acquisition Company (SPAC) transaction with Columbus Circle Capital Corp. (CCCM). The deal represents the largest initial fundraise in history for a public Bitcoin treasury company, raising $516.5 million in equity and $235 million in convertible notes. ProCap Financial will operate with […] This post Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
Bitcoin Magazine
Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise
Anthony Pompliano announced a $1 billion merger creating ProCap Financial through a Special Purpose Acquisition Company (SPAC) transaction with Columbus Circle Capital Corp. (CCCM). The deal represents the largest initial fundraise in history for a public Bitcoin treasury company, raising $516.5 million in equity and $235 million in convertible notes.
People want to spend stablecoins because they will be less valuable in the future, but they want to save bitcoin because it will appreciate over time.
This is a big reason why we announced ProCap Financial this morning, a new bitcoin treasury company.
Enjoy! pic.twitter.com/xAM1vZ1yPH— Anthony Pompliano 
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