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ProCap BTC, ranked as the 13th largest public bitcoin holder, seeks a merger with Columbus Circle Capital Corp, offering investors both protection and potential returns.
ProCap BTC has expanded its bitcoin holdings by purchasing 1,208 BTC, totaling 4,932 BTC, with plans to increase its investment to $1 billion.
ProCap Financial, a venture led by Anthony Pompliano, is set to go public via a $1 billion merger and promises substantial BTC holdings.
The cryptocurrency pro is set to guide ProCapBTC in efforts to emulate a successful bitcoin treasury model pioneered by Michael Saylor, as reported by the Financial Times.
Anthony Pompliano's SPAC, ProCap Acquisition Corp, is seeking to raise $200 million to invest in the crypto and fintech sectors.
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