• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

ProCap BTC Acquires 3,724 Bitcoins Worth $386.5 Million

user avatar

by Giorgi Kostiuk

9 hours ago


ProCap BTC, led by Anthony Pompliano, made a significant Bitcoin purchase as part of its investment strategy.

Deal Worth $386.5 Million

ProCap BTC announced the purchase of 3,724 Bitcoins for approximately $386.5 million, with an average purchase price of $103,785 per Bitcoin.

Merger with Columbus Circle Capital

This acquisition follows the recent merger with Columbus Circle Capital, announced on June 23, 2025, which raised over $750 million in capital and will make ProCap BTC a public company under the name ProCap Financial.

Company Strategy

According to the official press release, the funds raised were quickly converted into Bitcoin, providing immediate BTC exposure to equity investors. ProCap plans to continue adding Bitcoin to its balance sheet with an expectation of holding up to $1 billion worth of Bitcoin post-merger.

This purchase underscores ProCap's focus on actively increasing its Bitcoin reserves and strengthening its market position in the future.

0

Share

Other news

Binance Alpha Announces Listing of Newton Protocol (NEWT) with Trading Opportunities

Binance Alpha lists Newton Protocol (NEWT) for trading, offering airdrop opportunities and community engagement support.

user avatarGiorgi Kostiuk

4 minutes ago

SharpLink Acquires $30.7 Million in Ethereum, Expanding Holdings to 188K ETH

SharpLink has purchased $30.7 million worth of Ethereum and boosted its staking investments.

user avatarGiorgi Kostiuk

9 minutes ago

MAGACOIN FINANCE: A New Player in the Crypto Market

MAGACOIN FINANCE is attracting investor attention due to its fundamentals: scarcity, decentralization, and transparency.

user avatarGiorgi Kostiuk

10 minutes ago

SEC Delays Decision on Polkadot ETF: Market Reaction Follows

The SEC has postponed its decision on the Polkadot ETF, leading to a minor drop in the price of DOT. Markets are closely monitoring the situation.

user avatarGiorgi Kostiuk

10 minutes ago

Paul Atkins Emphasizes the Importance of Resolving Conflicts of Interest in the Financial Market

SEC Chair Paul Atkins highlights conflicts of interest in the investment sector and their impact on digital assets.

user avatarGiorgi Kostiuk

16 minutes ago

Bow Miner: AI-Driven Cloud Mining for Passive Income

Bow Miner offers AI-driven cloud mining, allowing users to earn passive income without expensive equipment.

user avatarGiorgi Kostiuk

16 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.