ProCap announced the purchase of 3,724 bitcoins for a total of approximately US$387 million

Odaily News Anthony Pompliano's Bitcoin finance company ProCap announced that it had purchased 3,724 Bitcoins, with an average transaction price of approximately $103,785 and a total amount of approximately $387 million. The company said it would continue to increase its holdings of Bitcoin and planned to hold up to $1 billion in Bitcoin assets in the name of ProCap Financial after the merger is completed. Previously, ProCap planned to go public through a SPAC merger, which is expected to be completed by the end of 2025.