Pomps Pro Cap Raises $1BN in Record Time to buy BTC (Patreon)

Anthony Pompliano, a well-known investor and Bitcoin advocate, announced on June 23, 2025, that his firm, ProCap BTC, LLC, entered a $1 billion merger with Columbus Circle Capital Corp. I (NASDAQ: CCCM), a SPAC, to form ProCap Financial, Inc.

Columbus Circle Capital Corp. I operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which refer to throughout this prospectus as initial business combination. The company was founded in June 2024 and is headquartered in New York, NY.