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$750 Million Bitcoin War Chest: Pompliano Prepping Mega Crypto Fund

  • Anthony Pompliano is set to lead ProCapBTC in raising $750 million for Bitcoin investments.
  • The firm plans to gather $500 million in equity and add $250 million in convertible debt by merging with Columbus Circle Capital 1.
  • Columbus Circle Capital 1 received support from Cohen & Company, allowing ProCapBTC a quick entry into public markets.
  • Pompliano's previous SPAC move closed in under six months.
  • ProCapBTC will blend equity with convertible debt, following a similar strategy as MicroStrategy and Japan's Metaplanet.
  • The increase in crypto listings, such as Bullish and Gemini, indicates a resurgence in US markets for crypto firms.
  • US President Donald Trump's positive remarks on digital assets have drawn fresh capital into the crypto space.
  • Pompliano cautioned against Trump's proposal to remove Federal Reserve Chair Jerome Powell, citing potential negative implications.
  • Bitcoin's price hovers around $105,000, with plans to invest $750 million potentially impacting prices.

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