Breaking: Anthony Pompliano’s ProCap Financial Raises $750M For Bitcoin Treasury

2025-06-23 04:48:13

Anthony Pompliano has announced a new $1 billion merger to create ProCap Financial, which will provide Bitcoin-native financial services. The company has also raised an initial $750 million to create a Bitcoin Treasury, the largest initial fundraise for a public company.

ProCap Financial Records Largest Initial Fundraise For Bitcoin Treasury

In an X post, Anthony Pompliano announced that as part of the $1 billion merger to create ProCap Financial, he has raised over $750 million, which is the largest initial fundraise for a publicly-traded Bitcoin Treasury company.

Pompliano also provided details of the $1 billion merger to create the company, which would provide BTC services. ProCap will be a publicly traded entity on the Nasdaq after Pompliano’s private company, ProCap BTC LLC, and Columbus Circle Capital Corp conclude the proposed business combination.

ProCap Financial’s ticker will trade under the ticker ‘CCCM.’ Pompliano stated that they are fortunate to have raised this capital from some of the leading institutional investors on Wall Street, although he didn’t provide any specific names.

The company will focus on acquiring Bitcoin for its balance sheet, while also developing products and services to produce revenue and profit from the BTC on its balance sheet over time.

Following the announcement, Strategy’s co-founder, Michael Saylor, congratulated Pompliano on this milestone. Interestingly, Saylor’s company also just announced another Bitcoin purchase, bringing its total holdings to 592,345 BTC.

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