ProCap BTC Buys Additional 1,208 BTC, Grows Holdings to 4,932 BTC
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 joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
