ProCAP BTC will unite with another company to create a Bitcoin Treasury company

ProCAP BTC, Columbus Circle Capital Corp. will unite with statement From the Columbus circle on Monday. As part of the agreement, the new company, which will appear by a combination-Procap financial-Pompliano, will lead Pompliano and build up to $ 1 billion Bittoin after the connection is closed. Bitcoin treasure, according to this expression, will be used to earn through various strategies, although it will not be clearly explain what they will happen.

Finance plans listed in the NASDAQ after gaining approval of the NASDAP, Constantine Kabine Luck.

“Our goal is to develop a platform that will not get Bitcoin only to share our balance, but will also carry out risky solutions to earn income and profit from Bitcoin Holdings,” Pompliano said.

Before combination, Procap BTC and Columbus Circle Capital Corp. Crypto Prime Brokerage Falconx, including the financial services company, gathered more than $ 750 million in debt financing Blockchain.comand an investment company from chain equity.

In addition to its cryptist in the merger, the growing number of companies move to build their Bitcoin treasure. Trend Michael Saylor’s Beadeted StrategyPreviously microStratry is a veteran software company that causes Bitcoin in 2020. Since then, more than 600 millions of dollars have received more than 600 million dollars in the current price of the company. Over the past five years, the stock price of the strategy increased by more than 3,000% as the Bitcoin value continues to evaluate.

In April, Cantor announced a space use plan to create a bitcoin purchase company called Fitzgerald Twenty-one equity as partners with the other three companies. Last month, President Donald Trump’s Social Media Platform Social, Trump Media and Technology Group, said he planned to buy $ 2.5 billion At the bitcooin value. Even gamestop, video game retailers for processing, made her Pivint Investment strategy To enter Bitcoin purchase.