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)