Anthony Pompliano’s firm, ProCap, has purchased 3,724 Bitcoin (worth $386M), just days after announcing plans to go public via a $1 billion SPAC merger later this year. This initial buy is part of ProCap’s strategy to hold up to $1 billion in Bitcoin on its balance sheet, joining a growing number of companies integrating BTC into their corporate treasuries.
Pompliano’s ProCap Buys $386M in Bitcoin Ahead of IPO
