Anthony Pompliano will lead a new Bitcoin Investment Outfit that plans to raise $ 750 million. His movement comes when large sums flow back to crypto under a friendly white house. Investors look closely.
Pompliano enters with Big Target
According to the Financial Times, Pompliano will become the CEO of ProCapBTC. The company wants to raise $ 500 million in equity and add $ 250 million in convertible debt.
It will do this by merging with the empty kitchen company Columbus Circle Capital 1, which became public with an IPO of $ 250 million at the end of May. Pompliano has already withdrawn $ 220 million for a separate spac this year.
Based on reports, Columbus Circle Capital 1 received support from Cohen & Company, an investment bank in New York. This partnership gave ProcapBTC a quick track in public markets.
Pompliano’s last spac movement closed for six months, so investors see a quick timetable here. The empty Ritan has become a popular way to collect cash for bitcoin purchases without the usual paperwork for a stock exchange listing.
Crypto Influencer Anthony Pompliano Set to start Bitcoin Purchase Vehicles https://t.co/jmz0pvx9qz
– Financial Times (@ft) June 12, 2025
Debt and capital mixture
ProcapBTC’s plan reflects what Michael Saylor’s Micro Strategy (refurbished to strategy) did and what Japan’s meta plane has tried. By mixing equity with convertible debt, the group can increase its purchasing power.
But this mixture comes with risk. If bitcoin falls, the debt can convert to shares at a discount and reduce in early supporters’ efforts. Pompliano will have to handle that balance carefully if he wants to hit the target of $ 750 million.
Cryptotists on the emergence
This push is part of a wider wave of crypto lists. Earlier this week, Peter Thiel -backed Hausse applied for an American IPO, and Gemini – the platform run by Winklevoss -Tvörings – also made plans to become public.
StableCoin Emittent Circle saw its shares skip 150% on his trading debut. All this points to a revival in American markets for crypto companies.
Political background fuels
Investors not only look at balance sheets. They also look at politics. US President Donald Trump has spoken positively about digital assets during his second term. It has sent new capital to Krypton names, including Trump’s own social media company.
Pompliano even warned against Trump’s threat to removing the Federal Reserve Chairman Jerome Powell last month and said it would provide a bad precedent for the US central bank’s independence.
Bitcoin has hovered close to $ 105,000, with swings of up to 8% in one day. Releasing hundreds of millions on the market could at once postpone the price, which makes it buy more expensive. ProcapBTC can spread purchases for weeks or use future to mitigate the impact, but details are scarce for now.
Image from Getty Images, Chart from TradingView
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