Anthony Pompliano Unveils Bitcoin Treasury Giant After Landmark Merger

Investor and entrepreneur Anthony Pompliano is rolling his private outfit, ProCap BTC LLC, into blank-check firm Columbus Circle Capital to form ProCap Financial, a new Nasdaq-listed business built around Bitcoin.

The deal values the combined entity at roughly $1 billion and comes with an eye-catching war chest: Pompliano says ProCap has already secured $750 million from institutional backers to establish what will be the largest opening Bitcoin treasury ever assembled by a public company.

Once the transaction closes, ProCap shares will trade under the symbol CCCM. Management’s strategy is two-pronged: accumulate BTC on the balance sheet and spin up revenue lines—lending, custody, and other “Bitcoin-native” services—that can monetize those holdings over time.

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The announcement drew quick praise from Michael Saylor, whose firm Strategy (formerly MicroStrategy) remains the benchmark for corporate Bitcoin treasuries with more than 592,000 coins.

Pompliano replied that Saylor’s blueprint is “going global,” citing a growing list of companies adding BTC to their reserves. Just last week, corporate buyers tucked away another $1.24 billion in Bitcoin, and Japan’s Metaplanet revealed a new 1,111-coin purchase, lifting its stash to 11,111 BTC.

With fresh capital in hand and a public listing on deck, ProCap now joins that small but headline-grabbing club of firms treating Bitcoin as a primary treasury asset—and betting they can build profitable businesses on top of it.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.