"Anthony Pompliano Mentioned as a Candidate for CEO of Public Company Aimed at Acquiring Bitcoin"
Summary
- Anthony Pompliano, known as a Bitcoin advocate, is reportedly being mentioned as a candidate for CEO of ProCapBTC, a public company pursuing a large-scale Bitcoin acquisition.
- ProCapBTC announced plans to raise $750 million through a public offering, allocating $500 million for equity investment and $250 million through convertible bonds.
- The company is aiming to be listed on Nasdaq via a SPAC merger, and any direct connection with the firm led by Pompliano has yet to be confirmed.
Anthony Pompliano, a Bitcoin (BTC) advocate and investor, has been suggested as a potential candidate to join a newly listed company as CEO to lead large-scale Bitcoin purchases.
On the 13th (local time), cryptocurrency specialist media outlet The Block reported, "Pompliano is being considered as a candidate for CEO of ProCapBTC, a listed company planning to raise $750 million through a public offering to acquire Bitcoin." According to the outlet, the company plans to allocate $500 million of the funds as equity investment and $250 million in the form of convertible bonds.
Additionally, ProCapBTC is reportedly proceeding with the listing process through a merger with 'Columbus Circle Capital 1', a SPAC company recently listed on Nasdaq. This SPAC is an unlisted acquisition company backed by investment bank Cohen & Company, which successfully went public last month with a $250 million IPO.
The outlet further added, "ProCap Acquisition Corp, led by Pompliano, was recently listed separately on Nasdaq in a $220 million deal, but any direct connection with ProCapBTC has not yet been confirmed."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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