ProCap BTC, a Bitcoin (BTC) financial services company led by prominent crypto advocate and investor Anthony Pompliano, has announced plans to go public through a merger with a special purpose acquisition company (SPAC), Columbus Circle Capital Corp. The resulting entity will be named ProCap Financial. It aims to establish itself as a major player in the Bitcoin market by building up to $1 billion in BTC reserves. Anthony Pompliano Leads $1 Billion Bitcoin Reserves Push According to the official press release, the merger has raised more than $750 million in equity and convertible notes
source: https://beincrypto.com/procap-bitcoin-reserve-merger/