Pomp Investments founder to head public firm targeting $750M Bitcoin purchase

Anthony Pompliano, founder of crypto investment firm Pomp Investments, is reportedly set to become CEO of ProCapBTC, a public company planning to raise $750 million to purchase Bitcoin, according to the Financial Times. The company intends to merge with special purpose acquisition company (SPAC) Columbus Circle Capital 1 to secure $500 million in equity and $250 million through convertible debt.