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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