Place your ads here email us at info@blockchain.news
NEW
ProCap Flash News List | Blockchain.News
Flash News List

List of Flash News about ProCap

Time Details
2025-07-06
16:04
Asset Tokenization's Next Wave: ProCap's $775M War Chest Fuels 3,724 Bitcoin (BTC) Purchase

According to @QCompounding, Anthony Pompliano's firm, ProCap BTC, has acquired 3,724 Bitcoin (BTC) at an average price of $103,785 per coin after raising a $775 million war chest through a preferred equity offering and convertible notes. The source states this purchase is part of a treasury program that could reach $1 billion in BTC after the firm's planned Nasdaq listing. ProCap BTC reportedly views Bitcoin as the new "hurdle rate" for capital and intends to use its holdings in yield-generating strategies. This significant institutional move coincides with the accelerating trend of asset tokenization. The analysis highlights that following the success of stablecoins and tokenized money market funds, the next phase of adoption involves structured credit and private funds from major players like Apollo and Hamilton Lane. While regulatory hurdles like KYC/AML solutions remain, the source suggests the convergence of DeFi and Traditional Finance is set to dramatically increase the liquidity and utility of tokenized assets.

Source
2025-07-01
03:44
Institutional Bitcoin (BTC) Buying Frenzy: ProCap and Cardone Capital Add Over 4,700 BTC to Treasuries

According to @rovercrc, significant institutional buying pressure for Bitcoin (BTC) is mounting as two major firms add the cryptocurrency to their balance sheets. Anthony Pompliano's ProCap BTC has acquired 3,724 BTC at an average price of $103,785 per coin, following a $775 million capital raise, according to the source. The firm, which plans to list on Nasdaq as ProCap Financial, views Bitcoin as the new 'hurdle rate' for capital deployment and intends to use its holdings in yield-generating strategies. In a separate move, Grant Cardone's Cardone Capital announced the purchase of 1,000 BTC, integrating a full Bitcoin strategy with its real estate assets. Cardone Capital has further plans to acquire another 3,000 BTC before the end of the year. These acquisitions signal a growing trend of corporate treasury diversification into digital assets, with current market data showing BTC trading around $106,403.

Source
2025-06-25
13:47
Anthony Pompliano's ProCap BTC Acquires 3,724 Bitcoin BTC at $103,785 Each After $775M Capital Raise Ahead of Nasdaq Listing

According to Anthony Pompliano's firm ProCap BTC, the company purchased 3,724 bitcoin (BTC) at a time-weighted average price of $103,785 per coin, following a $775 million capital raise comprising $550 million in preferred equity and $225 million in convertible notes. This acquisition initiates a treasury program that could expand to $1 billion in BTC once ProCap merges with Columbus Circle Capital Corp. and lists on Nasdaq as ProCap Financial, potentially positioning it as the 14th largest BTC holder among public companies per Bitcointreasuries.com. ProCap BTC stated bitcoin is the new 'hurdle rate' for capital deployment and plans to leverage its holdings for yield-generating strategies, signaling strong institutional confidence that could boost BTC market demand.

Source
Place your ads here email us at info@blockchain.news