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Crypto Influencer Anthony Pompliano to Establish $750 Million Fund for Bitcoin Purchases: Report
Anthony Pompliano, a prominent figure in the cryptocurrency sector, is set to lead a new investment group focused on Bitcoin, with plans to raise $750 million as investors reaffirm their commitment to crypto amid a supportive administration.
The Financial Times reported on Friday that Pompliano is expected to assume the role of chief executive at ProCapBTC, a company that aims to purchase substantial amounts of Bitcoin through funds obtained via a merger with a special purpose acquisition company (SPAC).
The entity, Columbus Circle Capital 1, recently went public with support from the New York investment bank Cohen & Company. The firm successfully completed its $250 million initial public offering in late May, providing the partnership with a timely platform as capital returns to crypto-related initiatives.
Crypto influencer Anthony Pompliano set to launch bitcoin-buying vehicle https://t.co/jMZ0PVx9qZ
— Financial Times (@FT) June 12, 2025
A spokesperson for Pompliano did not respond to Cryptonews’ request for comment by the time of publication.
Pompliano Brings SPAC Experience After $220M Raise In Separate Venture
According to the publication, ProCapBTC plans to secure $500 million in equity along with an additional $250 million in convertible debt.
The proposed framework would reflect strategies employed by other Bitcoin-centric companies, such as Michael Saylor’s MicroStrategy and Japan’s Metaplanet, which have garnered investor interest due to their proactive accumulation of digital assets.
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The announcement of the deal could occur as soon as next week, although final terms are reportedly still being negotiated.
New Listings Signal Revival Of US IPO Market Amid Crypto Optimism
Pompliano is familiar with public markets. Recently, he raised $220 million for a different blank-cheque vehicle unrelated to the ProCapBTC initiative.
This development coincides with a resurgence of crypto-related listings that have revitalized the US IPO market.
Earlier this week, Peter Thiel-backed Bullish confidentially filed for a listing. Additionally, Gemini, the cryptocurrency platform operated by the Winklevoss twins, has also submitted plans to go public. Furthermore, shares of stablecoin issuer Circle surged nearly 170% upon their trading debut.
The optimism is supported by a political environment that many cryptocurrency investors perceive as advantageous. President Donald Trump has openly endorsed digital assets during his second presidential term. Consequently, a new influx of capital has entered the sector.
Moreover, companies aligned with this perspective, including Trump’s publicly traded social media firm, have attracted billions from investors anticipating regulatory support.
However, Pompliano has not hesitated to critique the administration. Last month, he cautioned against Trump’s threat to dismiss Federal Reserve Chair Jerome Powell, labeling it a risk to the independence of the central bank. “The idea of firing the Fed chairman is a very bad precedent to set this way,” he stated.
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