Anthony Pompliano’s ProCap Acquires $387M in Bitcoin

• ProCap buys 3,724 Bitcoin for $387M to expand digital holdings.

• Company plans $1B Bitcoin treasury after completing SPAC merger deal.

• ProCap joins global trend of firms adopting Bitcoin as reserve.

Anthony Pompliano’s investment firm, ProCap BTC LLC, has made a major move in the Bitcoin market. The company has bought 3,724 Bitcoin for a total of $387 million. The average purchase price was $103,785 per Bitcoin.

ProCap Joins Growing List of Firms Adopting Bitcoin Strategy

This announcement follows ProCap’s June 23, 2025, plan to merge with Columbus Circle Capital Corp. I. Once the merger takes place then the company will be called ProCap Financial, Inc. The company is anticipating that the merger will be accomplished at the end of 2025.

Because of this acquisition, ProCap has acquired 3,724 Bitcoins on its balance sheet. The acquisition of Bitcoin was by a purchase program. The program is just a component of the larger financial plan where the company is planning to use Bitcoin as a major reserve asset.

Besides, ProCap invested the obtained capital in purchasing Bitcoin immediately. This provided exposure to Bitcoin to investors immediately without the investors having to take an ownership of Bitcoin. The business thinks that this will be of value to their shareholders and its financial position.

Besides, the move by ProCap is taking place when other companies are also shifting into Bitcoin. As an illustration, recently Parataxis Holdings acquired Bridge Biotherapeutics in South Korea. It was aimed at creating a platform that entailed Bitcoin investment. On a similar note, other companies such as the Metaplanet, Know labs, and the Strategy (previously known as Microstrategy) have also adjusted their balance sheets to the use of Bitcoin.

This trend indicates that an increasing number of businesses are appreciating Bitcoin as a clever method of storing value. ProCap is taking this route and will continue purchasing Bitcoin in the next several months. It ultimately desires to have up to a billion dollars in Bitcoin.

ProCap to Rebrand as ProCap Financial After Merger Completion

ProCap’s Bitcoin purchases support its goal of becoming a strong player in the digital asset space. After the merger between businesses is done, the firm will be rebranded and listed as ProCap Financial. This will make the firm more visible and the access to bigger capital markets.

It is also interesting to add that average price of Bitcoin sold on the first day of purchase (TWAP) can be different with the signing price that appears in the business combination agreement. It is a common thing with regard to large financial transactions, and more so with an asset as volatile as Bitcoin.

In the future, ProCap intends to keep increasing its Bitcoin treasury. This is one of the moves that the firm considers as its long-term investment strategy. Bitcoin provides a high growth prospect, as well as a defense against inflation as the company states.

To summarise, the case of ProCap buying Bitcoin valued at 387 million is an adventurous transition in ProCap becoming a champion in Bitcoin, as it is the core of a financial universe. This firm has been fast, utilised its checkbook investors’ capital wisely and pegged itself in a developing world trend. ProCap has a target of increasing its investments in Bitcoin to a level of 1 billion dollars, and this is a sign that the company is optimistic about the future of digital assets.

Bitcoin is gaining mainstream over financial use not only as a tool to the individuals but also to the institutions, as more companies step out into the same. The approach adopted by ProCap can loosen the neck of other firms.