The publicly traded company ProCapBTC is seeking to raise $750 million to invest in Bitcoin. Anthony Pompliano may serve as CEO.

Gate News bot reports that, according to the Financial Times, three informed sources disclosed that crypto assets influencer and investor Anthony Pompliano is expected to lead a publicly listed company that is seeking to raise $750 million to purchase Bitcoin.

Pompliano is in talks to become the CEO of ProCapBTC, which is seeking to raise $500 million in equity financing and $250 million in convertible debt through a merger with Columbus Circle Capital 1.

The special purpose acquisition company (SPAC) Columbus Circle, supported by investment bank Cohen & Company, went public on Nasdaq last month, with the IPO size expanded to $250 million.

Last month, the blank check company ProCap Acquisition Corp, led by Pompliano, went public on NASDAQ, raising $220 million. However, according to public information, the relationship between ProCapBTC and ProCap Acquisition Corp remains unclear.

Source: The Block

BTC0.41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
HighYieldUltra-Stablevip
· 06-13 08:07
Hold on tight, we're about to To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)