Anthony Pompliano, a digital assets influencer and podcast host, is set to become CEO of ProCapBTC, a new investment vehicle aiming to acquire large amounts of bitcoin BTC, according to the Financial Times, which cited three people familiar with the talks. Under the proposed deal, ProCapBTC plans to raise $750 million, $500 million in equity and $250 million in convertible debt, in a merger with Columbus Circle Capital 1, a special purpose acquisition company (SPAC) backed by Cohen & Company, the FT said.A deal could be announced as early as next week, although negotiations are still in progress and final terms uncertain.Bitcoin buying has become an increasingly popular treasury strategy, with 126 publicly traded companies now holding almost 820,000 bitcoin, according to BitcoinTreasuries
source: https://www.coindesk.com/markets/2025/06/13/anthony-pompliano-set-to-head-750m-bitcoin-investment-vehicle-ft