Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows
The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in.ProCap Financial, the latest entrant, has raised more than $750 million and is going public through a special purpose acquisition company, or SPAC, with Columbus Circle Capital Corp. I, according to an announcement Monday.Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt, with equity making...
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