ProCap BTC files 8-K with U.S. SEC to go public via merger

The company focused on Anthony Possano Bitcoin, Procap BTC, has deposited an 8-K with the Securities and Exchange American Commission to make public by a merger with Columbus Circle Capital Corp I, a white verification company.

An announcement of June 25, shared by Poseliano on X, describes a commercial merger which would form Procap Financial, Inc., an entity listed at Nasdaq. This decision comes after a series of large -scale events for the company, demonstrating its intention to develop institutional infrastructure around Bitcoin (BTC).

Just one day before the deposit, Procap revealed the purchase On 3,724 BTC, worth around $ 387 million, at an average price of $ 103,785 per room. In addition, the company recently raised More than $ 750 million, including $ 225 million in convertible debt and $ 550 million in equity. The funds will support its long -term Bitcoin treatment strategy as an asset in the main treasury, according to Investor Materials.

PROCAP aims to differentiate itself from traditional financial companies by generating a return on Bitcoin Holdings while offering products for institutional investors. If the merger is completed, Procap would become one of the first 15 holders of Bitcoin de corporate listed on the global scale, according to data de bitcointareries.com.

The merger pathway of special acquisition companies has occurred while more native cryptographic companies explore public lists in a context of increasing regulatory clarity in the planned registration of the United States Protap joins several digital asset companies looking for market legitimacy through public offers.

As part of the process, Columbus Circle and Procap will submit a DEC registration declaration, including a joint prospectus and proxy documents. Investors and stakeholders are encouraged to review these deposits once available.

Pospiano, a longtime defender of Bitcoin, has positioned Procap as a pure game on the future of the BTC as institutional demand increases. With significant significant capital and clear emphasis on the native financial services of Bitcoin, the company promises to be one of the most closely watched cryptographic lists of 2025.