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ProCap increased its holdings by 1208 Bitcoins at an average cost of $106,000.
[Chain News] PANews June 25, according to reports, the Bitcoin financial service company ProCap BTC, LLC founded by American investor Anthony Pompliano has newly purchased 1,208 Bitcoins at an average price of $105,977 per coin, increasing the company’s total Bitcoin holdings to 4,932 coins.
Previously, ProCap BTC announced plans to merge with Columbus Circle Capital Corp. I for a $1 billion business deal, intending to go public as ProCap Financial, Inc. The company stated that it would continue to increase its holdings of Bitcoin, and it is expected that the book value of Bitcoin will reach $1 billion after the merger is completed.