Anthony Pompliano Announces $1 Billion Merger in Record Bitcoin Treasury Company Fundraise

Description

Anthony Pompliano announced a $1 billion merger creating ProCap Financial through a Special Purpose Acquisition Company (SPAC) transaction with Columbus Circle Capital Corp.

Authors

Jenna Montgomery

Publish date

June 23, 2025

Publisher

Bitcoin Magazine

Web URL

https://bitcoinmagazine.com/news/anthony-pompliano-announces-1-billion-merger-in-record-bitcoin-treasury-company-fundraise

Referenced by

Anthony Pompliano’s ProCap BTC to go public via SPAC merger

Crypto news

News story

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.

Crypto news

Quote

ProCap said it will purchase Bitcoin within fifteen days of signing definitive agreements, with assets held in custody until closing.

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