According to @KookCapitalLLC, on-chain data from Glassnode reveals significant conviction among Bitcoin (BTC) long-term holders (LTHs), which could provide a strong support level for traders. Despite some LTHs taking profits, 45% of Bitcoin's circulating supply has not moved in over three years, and 30% has remained dormant for over five years, according to Glassnode. This suggests a large cohort of investors is holding for potentially higher prices. Adding to bullish sentiment, a report from the Financial Times indicates that influencer Anthony Pompliano is set to become CEO of ProCapBTC, a new investment vehicle aiming to raise $750 million to acquire Bitcoin. This potential large-scale purchase, reflecting a growing trend of corporate BTC treasury strategies, could introduce significant buying pressure into the market, which is currently seeing BTC trade around $109,010.

According to @QCompounding, influencer Anthony Pompliano is set to lead ProCapBTC, a new investment vehicle aiming to raise $750 million to acquire Bitcoin (BTC), as reported by the Financial Times. This move highlights a growing trend of institutional interest and the modernization of finance through blockchain technology. The source notes that asset managers are increasingly adopting blockchain and tokenization to streamline operations, replacing outdated manual processes with efficient, transparent systems built on shared ledgers and smart contracts. Major players like BlackRock, with its $2.5 billion tokenized fund, Apollo, and Franklin Templeton are already demonstrating the viability of on-chain assets, offering enhanced liquidity and fractional ownership. This institutional shift occurs as the crypto market shows renewed enthusiasm, with Bitcoin (BTC) trading near $108,234 and certain altcoins like Avalanche (AVAX) showing significant gains against BTC.

According to Financial Times, Anthony Pompliano is set to become CEO of ProCapBTC, a new investment vehicle targeting $750 million in Bitcoin (BTC) acquisitions. ProCapBTC aims to raise $500 million in equity and $250 million in convertible debt via a merger with Columbus Circle Capital 1, a SPAC backed by Cohen & Company. If the deal closes, ProCapBTC would purchase enough BTC to potentially rank among the top 10 corporate holders, reinforcing the growing trend of institutional Bitcoin treasury strategies. This move follows a surge of crypto-positive sentiment in the U.S. after President Trump's pro-crypto remarks, and comes amid strong BTC trading activity, with BTCUSDT currently at $101,256.96, down 0.826% in the last 24 hours. Traders should monitor for increased institutional demand, which could impact BTC liquidity and volatility near current price levels. (Source: Financial Times, BitcoinTreasuries.net, TradingView)