$1B Merger Triggers Bold Bitcoin Move as ProCap Prepares to Go Public

Anthony Pompliano’s ProCap has made a powerful entrance on Wall Street with a $1B merger and a bold mission to become the ultimate bitcoin-first Public company. ProCap didn’t wait to make a move and bought 3724 BTC in one day only. But why such a huge step right away, and what does it mean for you?

$1B Merger? Just the Beginning for Pompliano’s Bitcoin Beast

A Bitcoin-native financial services firm that specializes in acquiring and managing these crypto assests. Their main goal is to buy, hold, and manage these coins with a corporate-grade strategy.

In June 2025, Procap merged with a SPAC, Columbus Circle Capital I, in a $1B business combination and is going to rebrand as ProCap Financial, Inc. Stating in his tweet that they have purchased 3724 digital coins, which happened after announcing the $1 billion merger, within one day, over $750  in funds was raised. The average price of crypto coins at $103,785 per bitcoin.

Source: Anthony Pompliano

This merger isn’t just a business move; it’s a launch of a bitcoin-native company to operate fully around bitcoin . Instead of adding BTC like other firms, its goal is to make it as its core business model.

ProCap preparing to go Public:

• For ProCap, BTC is an entire business model, not just an asset or investment. It plans to go public through a $1B SPAC merger.

• This isn’t just about accessing the capital; it's a step towards bridging crypto coins and mainstream investors. through a regulated, public vehicle.

• If successful, the listing would mark a major crossover between traditional finance and the bitcoin ecosystem. offering investors a way to gain BTC through the Stock Market.

Why did Pompliano buy 3,724 BTC in a single day?

ProCaps has not debuted on the NYSE yet. They announced the SPAC merger but haven’t listed publicly or confirmed a ticket. the firm instantly bought 3724 crypto coins, worth around $389 million, which shows ProCaps’s clear intent from the start and their seriousness that it's not just a wait-and-see plan but a highly convinced bitcoin strategy already in motion.

These funds came from over $750 million raised through equity and convertible notes. This was used to directly buy crypto coins, not parked or delayed.

“We didn’t go public to figure it out,” said pompaliano in his tweeted video, making it clear that it wasn’t just a test run but went public because it already knew its mission, which was to buy Digital coins.

This move directly sends a message to wall street that Procop isn’t experimenting around BTC but is entirely built around it.

What impact will it make on investors?

“We're not buying bitcoin; we are becoming one,” said Pomliano in his recent tweet.

As Anthony Pompliano explains, the goal was never to experiment but to operate a bitcoin company from day one. The firm was created to Act as a public bitcoin treasury, which will give the investors BTC exposure through regulated markets.

• ProCap offers a new way for both retail and institutional investors to gain direct exposure to crypto coins through the traditional stock market .

• It is especially beneficial for those who want BTC exposure without holding the asset themselves.

• It lowers the barrier for institutions restricted from direct crypto investments.

Source: X