Briefly
- Bitcoin ProCap box office has purchased $ 3,724 is currently worth $ 395 million.
- The company intends to connect with Columbus Circle Capital to SPAC from one billion dollars to become Procpap Financial.
- An increasing number of public companies have established Bitcoin Treasury in the last few months.
Bitcoin Treasury ProCap acquired 3.724 Bitcoin is currently worth around $ 395 million on Tuesday, just a day after announcing his plans for the public UA SPAC a billion dollar contract.
Founded the investor and crypto currency of Anthony Popliano, ProCap bought Bitcoin This week By time, a weighted average price of $ 103,785 per toast, the company states.
“We believe Bitcoin is a new rate of obstacle,” Popliano wrote In the post X which is addressed by the announcement. “If you can’t beat it, you have to buy it.”
Bitcoin recently traded at around $ 106,000 by 2.1% in the last 24 hours, according to data Coingecko provider.
The purchase follows the Procap’s announcement on Monday that it has closed a raise of $ 750 million. Funds, which will go to the help of a company to connect with Blank Check Columbus Circle Capital to become a procpap financial public trading company.
Broke’s first bitcoin buy comes in the midst of flourishing in the acceptance of treasury treasury trees on the basis of the oldest cryptocurrency currency in the world.
Michael Saylor’s strategy, earlier Microstrategy, launched a corporate game, turning to the focus from the development of software to the accumulation of Bitcoin. Since then, the company has recorded more than 592,000 bitcoins worth about $ 62 billion Bitcoin, according to the company.
In addition to the strategy, 245 public companies hold digital assets on their balance sheets, which is approximately 13% in the last month, according to data from Bitcointreasuries.com. Total, companies have a total of more than $ 88 billion Bitcoin, the same data show. They include the Semler Scientific and Japanese management company Metaplanet Hotel.
Meanwhile, other trade -traded companies, Including udraxi,, Wellgistics Health And Definite Corp., they replicated a booklet of the Altcoin strategy, including XRP and Solan.
Procap plans to get more bitcoin for its treasury as part of its business strategy, according to a last public statement. The company estimates that at the time of the closure of the proposed merger, it will hold up to $ 1 billion in Bitcoin with Columbus Circle Capital.
Edited by James Rubin
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