ProCap BTC and Columbus Circle Capital Corp. partner to create publicly-traded Bitcoin treasury company.
ProCap BTC and Columbus Circle Capital Corp. partner to create publicly-traded Bitcoin treasury company.
06/23/25, 5:19 PM
Location
bostonMoney
$750 million
Industry
cryptocurrency
lending
blockchain
finance
financial services
Type
partnership
ProCap BTC has announced a merger with Columbus Circle Capital Corp. to form ProCap Financial, which aims to establish a Bitcoin treasury worth up to $1 billion. The partnership will leverage Bitcoin holdings to generate revenue through strategic implementations. This merger marks a significant move in the growing trend of companies establishing Bitcoin treasuries.
Company Info
Location
boston, massachusetts, united states
Additional Info
ProCap BTC is a financial services firm focused on cryptocurrency investments. The company aims to create a new bitcoin treasury company to hold substantial amounts of bitcoin. It has raised significant equity and debt to support its mission. ProCap is focused on innovative strategies in the cryptocurrency space.