Anthony Pompliano is set to lead the publicly listed company ProCapBTC in a proposed financing of $750 million to purchase Bitcoin.

robot
Abstract generation in progress

PANews June 13 news, according to the Financial Times, well-known American crypto KOL Anthony Pompliano is set to become the CEO of the publicly listed company ProCapBTC, which is in talks to merge with the SPAC platform Columbus Circle Capital 1, planning to raise $750 million to purchase Bitcoin. Of this, $500 million will be raised through equity financing, and $250 million through Convertible Bonds. Columbus Circle Capital 1 is supported by the investment bank Cohen & Company, which just completed a $250 million IPO at the end of May. According to informed sources, the deal may be announced as early as next week, but the specific terms are still under negotiation. ProCapBTC will adopt a Bitcoin allocation strategy similar to MicroStrategy. Pompliano just completed a $220 million financing for another independently operated SPAC platform last month.

BTC-1.81%
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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
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)