ProCap Anthony Pompliano recently shared an update on its progress and valuation metrics. ProCap has signed a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and has used more than $500 million to buy out bitcoin worth $108,564.58, resulting in a treasury of 4,950 BTC. This makes ProCap the 13th largest public holder of bitcoin in the world.
The data and analysis presented by Pompliano comes directly from ProCap and refers to the implied mNAV premium (implied multiple Net Asset Value). According to P
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