Key Takeaways:
- Anthony Pompliano is set to lead ProCapBTC, a Bitcoin-focused SPAC aiming to raise $750 million.
- The deal includes $500 million in equity and $250 million in convertible debt, backed by Cohen & Company.
- Pompliano previously led another fintech-focused SPAC, ProCap Acquisition, which debuted on Nasdaq in April.
Anthony Pompliano is reportedly preparing to lead a new Bitcoin investment venture, ProCapBTC, which aims to raise $750 million.
The initiative involves a planned merger with Columbus Circle Capital 1, a publicly traded Special Purpose Acquisition Company (SPAC) that raised $250 million in May 2025 through an IPO led by Cohen & Company.
Crypto influencer Anthony Pompliano set to launch bitcoin-buying vehicle https://t.co/jMZ0PVx9qZ
— Financial Times (@FT) June 12, 2025
The funding strategy for ProCapBTC includes $500 million in equity and $250 million in convertible debt, with Cohen & Company backing the deal.
Although Pompliano’s role as CEO is not yet finalized, an official announcement could come as soon as next week.
Cohen & Company, listed on the NYSE, has been increasingly active in the crypto space, offering services such as audits, tax advisory, and support for token launches.
This isn’t Pompliano’s first involvement with SPACs – he previously launched ProCap Acquisition, a fintech-focused SPAC that debuted on Nasdaq in April and raised $250 million.
Shares of ProCap (PCAPU) have seen notable movement, recently trading around $11.30.
As of now, Pompliano has not confirmed the merger publicly, but the move would mark another major push into Bitcoin investment for the well-known crypto entrepreneur.
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Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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