<ul data-eligibleForWebStory="true"><li>ProCap BTC, LLC, led by Anthony Pompliano, recently acquired 3,724 bitcoins worth approximately $386 million at an average price of $103,785 per bitcoin.</li><li>The company expressed plans to continue purchasing bitcoin for its balance sheet as part of its ongoing business strategy, with a goal to hold up to $1 billion in bitcoin upon the completion of a proposed merger to form ProCap Financial, Inc.</li><li>ProCap BTC announced a definitive agreement to merge with Columbus Circle Capital Corp. I to create ProCap Financial, aiming to provide bitcoin-native financial services to meet the increased demand from sophisticated investors.</li><li>The merger will result in the new entity launching with up to $1 billion in bitcoin on its balance sheet, representing a substantial fundraise for a public bitcoin treasury company, including $516.5 million in equity and $235 million in convertible notes.</li><li>The CEO of CCCM praised Anthony Pompliano's leadership and innovative approach in the bitcoin ecosystem, highlighting the transformative potential of the collaboration.</li></ul>

Anthony Pompliano’s ProCap BTC Buys $386M in Bitcoin

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