Anthony Pompliano’s ProCap BTC Buys 1,208 More Bitcoin, Total Holdings Now at 4,932 BTC
The post Anthony Pompliano’s ProCap BTC Buys 1,208 More Bitcoin, Total Holdings Now at 4,932 BTC appeared on BitcoinEthereumNews.com.
Highlights: ProCap BTC purchased 1,208 BTC at an average price of $105,977 The firm now holds 4,932 BTC on its balance sheet Bitcoin nears key breakout level, eyeing new all-time highs Anthony Pompliano’s bitcoin-native firm, ProCap BTC, has made another major purchase, acquiring 1,208 BTC at an average of $105,977. This latest accumulation raises the firm’s total bitcoin holdings to 4,932 BTC. The move comes amid growing market optimism and signals of a possible breakout toward new all-time highs. ProCap BTC Expands Holdings Ahead of Public Listing ProCap BTC confirmed its second major bitcoin purchase in less than a week. The firm deployed funds to acquire 1,208 BTC, shortly after its initial 3,724 BTC buy. Combined, these acquisitions reflect a rapid expansion of the firm’s BTC treasury. The company made the move after announcing a $1 billion business merger with Columbus Circle Capital Corp. The deal aims to take ProCap public as ProCap Financial, Inc. As part of its strategy, the firm plans to hold up to $1 billion in bitcoin on its balance sheet. This approach offers equity investors immediate BTC exposure without waiting for post-listing accumulation. The firm believes bitcoin now functions as the new benchmark for financial performance. It continues to accumulate in alignment with its long-term business model focused on institutional-grade digital asset services. Bitcoin Approaches Key Resistance as Market Prepares for Breakout Bitcoin is now trading near $107,700, showing strong upward movement following recent liquidity sweeps. Chart analysis highlights a key resistance level at $108,924, marking the final hurdle before a potential breakout. A brief pullback occurred after liquidity was taken, but sentiment remains bullish. Market analyst Michaël van de Poppe stated that consolidation may precede a breakout within one to two weeks. The RSI remains elevated, while volume supports continued accumulation near current levels.…
Filed under: News - @ June 25, 2025 7:28 pm