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Anthony Pompliano's ProCap BTC, LLC Buys Another 1,208 Bitcoin and Now Holds A Total of 4,932 Bitcoin

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ProCap BTC, LLC (NASDAQ: CCCMU) has acquired 1,208 bitcoin at a time-weighted average price of $105,977 per bitcoin, bringing its total holdings to 4,932 bitcoin. This purchase follows the company's recent announcement of a $1 billion business combination with Columbus Circle Capital Corp. I to go public as ProCap Financial, Inc.

The acquisition is part of the company's ongoing bitcoin purchase program, with plans to hold up to $1 billion in bitcoin on its balance sheet after the business combination closes. The company, founded by Anthony Pompliano, aims to provide profit-generating products and services for large financial institutions and institutional investors.

ProCap BTC, LLC (NASDAQ: CCCMU) ha acquistato 1.208 bitcoin a un prezzo medio ponderato nel tempo di 105.977 dollari per bitcoin, portando il totale delle sue partecipazioni a 4.932 bitcoin. Questo acquisto segue l'annuncio recente della società di una fusione aziendale da 1 miliardo di dollari con Columbus Circle Capital Corp. I per diventare pubblica come ProCap Financial, Inc.

L'acquisizione fa parte del programma continuo di acquisto di bitcoin dell'azienda, con l'intenzione di detenere fino a 1 miliardo di dollari in bitcoin nel proprio bilancio dopo la chiusura della fusione. Fondata da Anthony Pompliano, la società mira a offrire prodotti e servizi redditizi per grandi istituzioni finanziarie e investitori istituzionali.

ProCap BTC, LLC (NASDAQ: CCCMU) ha adquirido 1,208 bitcoins a un precio promedio ponderado en el tiempo de $105,977 por bitcoin, elevando su total de tenencias a 4,932 bitcoins. Esta compra sigue al reciente anuncio de la compañía sobre una combinación empresarial de 1.000 millones de dólares con Columbus Circle Capital Corp. I para salir a bolsa como ProCap Financial, Inc.

La adquisición forma parte del programa continuo de compra de bitcoins de la empresa, con planes de mantener hasta 1.000 millones de dólares en bitcoins en su balance después de que se cierre la combinación empresarial. Fundada por Anthony Pompliano, la compañía busca ofrecer productos y servicios rentables para grandes instituciones financieras e inversores institucionales.

ProCap BTC, LLC (NASDAQ: CCCMU)1,208 비트코인을 시간 가중 평균 가격인 비트코인당 $105,977에 매입하여 총 보유량을 4,932 비트코인으로 늘렸습니다. 이번 매입은 Columbus Circle Capital Corp. I과의 10억 달러 규모의 기업 합병을 통해 ProCap Financial, Inc.로 상장한다는 회사의 최근 발표에 따른 것입니다.

이번 인수는 회사의 지속적인 비트코인 매입 프로그램의 일환으로, 기업 합병이 완료된 후 최대 10억 달러 상당의 비트코인을 대차대조표에 보유할 계획입니다. Anthony Pompliano가 설립한 이 회사는 대형 금융 기관과 기관 투자자들을 위한 수익 창출 제품 및 서비스를 제공하는 것을 목표로 하고 있습니다.

ProCap BTC, LLC (NASDAQ : CCCMU) a acquis 1 208 bitcoins à un prix moyen pondéré dans le temps de 105 977 $ par bitcoin, portant son total de détentions à 4 932 bitcoins. Cet achat fait suite à l'annonce récente de la société d'une fusion d'entreprise d'un milliard de dollars avec Columbus Circle Capital Corp. I pour entrer en bourse sous le nom de ProCap Financial, Inc.

Cette acquisition s'inscrit dans le cadre du programme d'achat continu de bitcoins de la société, qui prévoit de détenir jusqu'à 1 milliard de dollars en bitcoins dans son bilan après la clôture de la fusion. Fondée par Anthony Pompliano, la société vise à fournir des produits et services générateurs de profits pour les grandes institutions financières et les investisseurs institutionnels.

ProCap BTC, LLC (NASDAQ: CCCMU) hat 1.208 Bitcoin zu einem zeitgewichteten Durchschnittspreis von 105.977 USD pro Bitcoin erworben und erhöht damit seinen Gesamtbestand auf 4.932 Bitcoin. Dieser Kauf folgt auf die kürzliche Ankündigung des Unternehmens einer 1-Milliarden-Dollar-Geschäftskombination mit Columbus Circle Capital Corp. I, um als ProCap Financial, Inc. an die Börse zu gehen.

Der Erwerb ist Teil des laufenden Bitcoin-Kaufprogramms des Unternehmens, mit dem Ziel, nach Abschluss der Geschäftskombination bis zu 1 Milliarde USD in Bitcoin in der Bilanz zu halten. Das von Anthony Pompliano gegründete Unternehmen hat sich zum Ziel gesetzt, gewinnbringende Produkte und Dienstleistungen für große Finanzinstitutionen und institutionelle Investoren anzubieten.

Positive
  • Significant bitcoin acquisition of 1,208 BTC, bringing total holdings to 4,932 BTC
  • Strategic $1 billion business combination to take company public
  • Immediate deployment of raised funds into bitcoin assets
  • Plans to expand bitcoin holdings up to $1 billion
Negative
  • High acquisition price of $105,977 per bitcoin indicates significant capital exposure
  • Heavy concentration in single asset (bitcoin) creates volatility risk
  • Business model heavily dependent on bitcoin price performance

Insights

ProCap's acquisition of 1,208 BTC enhances their position as a bitcoin-native financial firm amid $1B SPAC merger plans.

ProCap BTC has made a significant strategic acquisition of 1,208 bitcoin at a time-weighted average price of $105,977 per bitcoin, bringing their total holdings to 4,932 BTC. This purchase follows closely on the heels of their announced $1 billion business combination with SPAC Columbus Circle Capital Corp. I (NASDAQ: CCCM), which will take the company public as ProCap Financial, Inc.

The timing of this acquisition demonstrates ProCap's commitment to its bitcoin-centric business model, deploying capital immediately following the equity raise to provide investors with instant bitcoin exposure. This move aligns perfectly with founder Anthony Pompliano's investment philosophy that "bitcoin is the new hurdle rate. If you can't beat it, you have to buy it."

At bitcoin's current valuation, ProCap's total holdings represent approximately $522 million in assets. More importantly, the company's stated goal to hold up to $1 billion in bitcoin post-merger positions them as one of the most significant corporate bitcoin holders in the public markets. This gives investors a pure-play vehicle for bitcoin exposure through equity markets.

What's particularly notable is ProCap's strategic positioning as a bitcoin-native financial services firm targeting institutional investors. By combining substantial bitcoin reserves with planned financial products tailored for large institutions, ProCap is creating a unique hybrid model that bridges traditional finance with cryptocurrency markets. This approach differentiates them from both pure bitcoin holding companies and conventional financial services firms.

New York, NY, June 25, 2025 (GLOBE NEWSWIRE) -- American investor and entrepreneur, Anthony Pompliano, today announced that ProCap BTC, LLC, a bitcoin-native financial services firm (the “Company”), has purchased 1,208 bitcoin at a time weighted average price ("TWAP") of $105,977 per bitcoin, following the Company’s June 23, 2025 announcement of a proposed $1 billion business combination with Columbus Circle Capital Corp. I (NASDAQ: CCCM) to take the Company public as ProCap Financial, Inc. The Company now holds 4,932 bitcoin on its balance sheet. 

The bitcoin was acquired as part of the Company’s on-going bitcoin purchase program. The Company has wasted no time delivering for its investors by deploying the funds raised at signing to accumulate bitcoin. As a result, equity investors received immediate bitcoin exposure from the equity raise.

The Company plans to continue buying bitcoin for its balance sheet as part of its ongoing business strategy. At the closing of the proposed business combination, ProCap Financial is expected to hold up to $1 billion in bitcoin on its balance sheet. The TWAP for the Day 2 purchases may be different from the “Signing Bitcoin Price” for purposes of Business Combination Agreement signed by CCCM and the Company on June 23, 2025.

ProCap BTC, LLC, believes bitcoin is the new hurdle rate.

If you can’t beat it, you have to buy it.

About ProCap BTC, LLC and ProCap Financial, Inc.

ProCap BTC, LLC is a bitcoin-native financial services firm founded by Anthony Pompliano. Pompliano has invested in more than 300 private companies and is one of the leading voices on bitcoin globally. ProCap Financial, Inc., the company resulting from the proposed Business Combination, will focus on implementing various profit-generating products and services to support the unique financial needs of large financial institutions and institutional investors.

About Columbus Circle Capital I

Columbus Circle Capital Corp. I (NASDAQ: CCCM) is a Cayman Islands–incorporated blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is led by Chairman and CEO Gary Quin, a veteran investment banker with over 25 years of experience in cross-border M&A, private equity, and capital markets; COO Dan Nash, a skilled investment banker, with a strong track record in SPAC execution and building high-growth advisory platforms; and CFO Joseph W. Pooler, Jr., who brings decades of public company financial leadership. The board of directors includes Garrett Curran, Alberto Alsina Gonzalez, Dr. Adam Back, and Matthew Murphy.

Additional Information and where to Find it

ProCap Financial, Inc., a Delaware corporation (“ProCap Financial”) and Columbus Circle Capital Corp I, a Cayman Islands exempt company (“CCCM”) intend to file with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 (as may be amended, the “Registration Statement”), which will include a preliminary proxy statement of CCCM and a prospectus (the “Proxy Statement/Prospectus”) in connection with (i) a proposed business combination, to be effected subject to and in accordance with the terms of certain business combination agreement dated as of June 23, 2025 (as may be modified, amended or supplemented from time to time, the “Business Combination Agreement”), by and among ProCap Financial, CCCM, Crius SPAC Merger Sub, Inc., a Delaware corporation, Crius Merger Sub, LLC, a Delaware limited liability company, ProCap BTC, LLC, a Delaware limited liability company (“ProCap BTC”), and Inflection Points Inc, d/b/a Professional Capital Management, a Delaware corporation (collectively with all of the related actions and transactions contemplated by such agreement, the “Business Combination”), (ii) a private placement of non-voting preferred units (“ProCap BTC Preferred Units”) of ProCap BTC to certain “qualified institutional buyers” as defined in Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), or institutional “accredited investors” (as defined in Rule 506 of Regulation D)(such investors, “qualifying institutional investors”)(the “Preferred Equity Investment”) pursuant to preferred equity subscription agreements, and (iii) commitments by qualifying institutional investors to purchase convertible notes (“Convertible Notes”) issuable in connection with the Closing by ProCap Financial (the “Convertible Note Offering” and, together with the Preferred Equity Investment and the Business Combination, the “Proposed Transactions”) pursuant to convertible notes subscription agreements. The definitive proxy statement and other relevant documents will be mailed to shareholders of CCCM as of a record date to be established for voting on the Proposed Transactions and other matters as described in the Proxy Statement/Prospectus. CCCM and/or ProCap Financial will also file other documents regarding the Proposed Transactions with the SEC. This communication does not contain all of the information that should be considered concerning the Proposed Transactions and is not intended to form the basis of any investment decision or any other decision in respect of the Proposed Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, SHAREHOLDERS OF CCCM AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, AND AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH CCCM’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE PROPOSED TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT CCCM, PROCAP BTC, PROCAP FINANCIAL AND THE PROPOSED TRANSACTIONS. Investors and security holders will also be able to obtain copies of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or that will be filed with the SEC by CCCM and ProCap Financial, without charge, once available, on the SEC’s website at www.sec.gov, or by directing a request to: Columbus Circle Capital Corp. I, 3 Columbus Circle, 24th Floor, New York, NY 10019; e-mail: IR@ColumbusCircleCap.com, or upon written request to ProCap Financial Inc. at 600 Lexington Ave., Floor 2, New York, NY 10022, respectively.

NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE PROPOSED TRANSACTIONS DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE PROPOSED TRANSACTIONS OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS COMMUNICATION. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

The offer and sale of the Convertible Notes to be issued by ProCap Financial pursuant to the Convertible Note Offering and the offer and sale of the ProCap BTC Preferred Units in the Preferred Equity Investment, in connection with the Proposed Transactions, has not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

Participants in Solicitation

CCCM, ProCap BTC, ProCap Financial and their respective directors, executive officers, certain of their shareholders and other members of management and employees may be deemed under SEC rules to be participants in the solicitation of proxies from CCCM’s shareholders in connection with the Proposed Transactions. A list of the names of such persons, and information regarding their interests in the Proposed Transactions and their ownership of CCCM’s securities are, or will be, contained in CCCM’s filings with the SEC, including the final prospectus for CCCM’s initial public offering filed with the SEC on May 19, 2025 (the “IPO Prospectus”). Additional information regarding the interests of the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of CCCM’s shareholders in connection with the Proposed Transactions, including the names and interests of ProCap BTC’s and ProCap Financial’s respective directors or managers and executive officers, will be set forth in the Registration Statement and Proxy Statement/Prospectus, which is expected to be filed by ProCap Financial and CCCM with the SEC. Investors and security holders may obtain free copies of these documents as described above.

No Offer or Solicitation

This communication and the information contained herein is for informational purposes only and is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transactions and shall not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange the securities of CCCM, ProCap BTC or ProCap Financial, or any commodity or instrument or related derivative, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom. Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the Securities Act.

Forward-Looking Statements

This communication contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to the Proposed Transactions involving ProCap Financial, ProCap BTC, and CCCM, including expectations, hopes, beliefs, intentions, plans , prospects, financial results or strategies regarding ProCap BTC, ProCap Financial, CCCM and the Proposed Transactions, statements regarding the anticipated benefits and timing of the completion of the Proposed Transactions, the assets that may be held by ProCap BTC and ProCap Financial and the value thereof, the price and volatility of bitcoin, bitcoin’s growing prominence as a digital asset and as the foundation of a new financial system, ProCap Financial’s listing on any securities exchange, the macro and political conditions surrounding bitcoin, the planned business strategy including ProCap Financial’s ability to develop a corporate architecture capable of supporting financial products built with and on bitcoin including native lending models, capital market instruments, and future innovations that will replace legacy financial tools with bitcoin-aligned alternatives, plans and use of proceeds, objectives of management for future operations of ProCap Financial, the upside potential and opportunity for investors, ProCap Financial’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, technological and market trends, future financial condition and performance and expected financial impacts of the Proposed Transactions, the satisfaction of closing conditions to the Proposed Transactions and the level of redemptions of CCCM’s public shareholders, and ProCap Financial’s expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including, but not limited to: the risk that the Proposed Transactions may not be completed in a timely manner or at all, which may adversely affect the price of CCCM’s securities; the risk that the Proposed Transactions may not be completed by CCCM’s business combination deadline; the failure by the parties to satisfy the conditions to the consummation of the Proposed Transactions, including the approval of CCCM’s shareholders; failure to realize the anticipated benefits of the Proposed Transactions; the level of redemptions of the CCCM’s public shareholders which may reduce the public float of, reduce the liquidity of the trading market of, and/or maintain the quotation, listing, or trading of the Class A ordinary shares of CCCM or the shares of common stock, par value $0.0001 per share, of ProCap Financial (“Pubco Common Stock”) to be listed in connection with the Proposed Transactions; the insufficiency of the third-party fairness opinion for the board of directors of CCCM in determining whether or not to pursue the Proposed Transactions; the failure of ProCap Financial to obtain or maintain the listing of its securities on any securities exchange after closing of the Proposed Transactions; risks associated with CCCM, ProCap BTC and ProCap Financial’s ability to consummate the Proposed Transactions timely or at all, including in connection with potential regulatory delays or impediments, changes in bitcoin prices or for other reasons; costs related to the Proposed Transactions and as a result of becoming a public company; changes in business, market, financial, political and regulatory conditions; risks relating to ProCap Financial’s anticipated operations and business, including the highly volatile nature of the price of bitcoin; the risk that ProCap Financial’s stock price will be highly correlated to the price of bitcoin and the price of bitcoin may decrease between the signing of the definitive documents for the Proposed Transactions and the closing of the Proposed Transactions or at any time after the closing of the Proposed Transactions; asset security and risks associated with CCCM, ProCap BTC and ProCap Financial’s ability to consummate the Proposed Transactions timely or at all, including in connection with potential regulatory delays or impediments, changes in bitcoin prices or for other reasons; risks related to increased competition in the industries in which ProCap Financial will operate; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding bitcoin; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; risks related to the ability of ProCap BTC and ProCap Financial to execute their business plans; the risks that launching and growing ProCap Financial’s bitcoin treasury advisory and services in digital marketing and strategy could be difficult; challenges in implementing ProCap Financial’s business plan, due to operational challenges, significant competition and regulation; risks associated with the possibility of ProCap Financial being considered to be a “shell company” by any stock exchange on which ProCap Financial’s common stock will be listed or by the SEC, which may impact ProCap Financial’s ability to list Pubco Common Stock and restrict reliance on certain rules or forms in connection with the offering, sale or resale of securities, which could impact materially the time, cost and ability of ProCap Financial to raise capital after the closing; the outcome of any potential legal proceedings that may be instituted against ProCap Financial, ProCap BTC, CCCM or others in connection with or following announcement of the Proposed Transactions, and those risk factors discussed in documents that ProCap Financial and/or CCCM filed, or that will be filed, with the SEC, including as will be set forth in the Registration Statement to be filed with the SEC in connection with the Proposed Transactions.

The foregoing list of risk factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the IPO Prospectus, CCCM’s Quarterly Reports on Form 10-Q and CCCM’s Annual Reports on Form 10-K that will be filed by CCCM from time to time, the Registration Statement that will be filed by ProCap Financial and CCCM and the Proxy Statement/Prospectus contained therein, and other documents that have been or will be filed by CCCM and ProCap Financial from time to time with the SEC. These filings do or will identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. There may be additional risks that neither CCCM nor ProCap Financial presently know or that CCCM and ProCap Financial currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and each of CCCM, ProCap BTC, and ProCap Financial assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither CCCM, ProCap BTC, nor ProCap Financial gives any assurance that any of CCCM, ProCap BTC or ProCap Financial will achieve their respective expectations. The inclusion of any statement in this communication does not constitute an admission by CCCM, ProCap BTC or ProCap Financial or any other person that the events or circumstances described in such statement are material.

Media Contacts

Ebony Lewkovitz

ebony@edencommunications.com

Larissa Bundziak

larissa@edencommunications.com

Dan Nash

IR@ColumbusCircleCap.com


FAQ

How many bitcoin does ProCap BTC (CCCMU) currently hold?

ProCap BTC currently holds 4,932 bitcoin on its balance sheet after its recent purchase of 1,208 bitcoin.

What is the average price ProCap BTC paid for its recent bitcoin purchase?

ProCap BTC purchased the bitcoin at a time-weighted average price (TWAP) of $105,977 per bitcoin.

What is the size of ProCap BTC's business combination with Columbus Circle Capital?

The proposed business combination with Columbus Circle Capital Corp. I is valued at $1 billion.

Who is leading ProCap BTC and what are their future plans?

The company is led by Anthony Pompliano and plans to focus on providing financial services for large institutions and investors, with aims to hold up to $1 billion in bitcoin after the business combination closes.

When was the business combination agreement signed with Columbus Circle Capital?

The Business Combination Agreement was signed on June 23, 2025.
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