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ProCap Announces Purchase of 3,724 Bitcoins for Approximately $387 Million

Summary: According to reports, Anthony Pompliano's Bitcoin financial company ProCap has announced the purchase of 3,724 Bitcoins at an average price of approximately $103,785, totaling around $387 million. The company stated that they will continue to increase their Bitcoin holdings and plan to hold up to $1 billion in Bitcoin assets under the name ProCap Financial ...

According to reports, Anthony Pompliano's Bitcoin financial company ProCap has announced the purchase of 3,724 Bitcoins at an average price of approximately $103,785, totaling around $387 million. The company stated that they will continue to increase their Bitcoin holdings and plan to hold up to $1 billion in Bitcoin assets under the name ProCap Financial after the merger is completed. Previously, ProCap planned to go public through a SPAC merger, with completion expected by the end of 2025.

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