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Pompliano’s ProCap Buys $386M in Bitcoin Ahead of IPO

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.

Categories: Short News
Sama Tarek:
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