Anthony Pompliano Leads $750 Million Bitcoin Investment Group

Anthony Pompliano, a prominent figure in the cryptocurrency world, is set to lead a new Bitcoin-focused investment group aiming to raise $750 million. This initiative comes as investors increasingly show interest in crypto under a supportive political environment.

ProCapBTC, the firm in question, plans to acquire significant amounts of Bitcoin using funds raised through a merger with a blank-cheque company. The vehicle, Columbus Circle Capital 1, recently completed a $250 million IPO in late May, providing a timely launchpad for the partnership as capital flows back into crypto-aligned ventures.

ProCapBTC intends to raise $500 million in equity and an additional $250 million in convertible debt. This structure mirrors strategies used by other Bitcoin-focused firms, such as Michael Saylor’s MicroStrategy and Japan’s Metaplanet, which have garnered investor interest for their aggressive accumulation of digital assets.

The deal could be announced as early as next week, although final terms are still under negotiation. Pompliano brings significant experience to the table, having recently raised $220 million for a separate blank-cheque vehicle not involved in the ProCapBTC project.

This move comes amid a revival of the US IPO market, with a fresh wave of crypto-related listings. Earlier this week, Peter Thiel-backed Bullish confidentially filed for a listing, and Gemini, the crypto platform run by the Winklevoss twins, also submitted plans to go public. Additionally, shares in stablecoin issuer Circle surged nearly 170% on their trading debut.

Behind this optimism is a political backdrop that many crypto investors view as favorable. President Donald Trump has openly supported digital assets during his second presidential term, leading to a fresh wave of capital flowing into the sector. Firms aligned with this narrative, including Trump’s publicly traded social media company, have attracted billions from investors betting on regulatory support.

However, Pompliano has not hesitated to critique the administration. Last month, he warned against Trump’s threat to remove Federal Reserve Chair Jerome Powell, calling it a threat to central bank independence. “The idea of firing the Fed chairman is a very bad precedent to set this way,” he said.