ATG Capital Issues Open Letter to the Board of ProCap Financial Detailing Serious Concerns Regarding Proposed CFO Silvia Merger

ATG Capital, a ProCap Financial stockholder, issued an open letter urging shareholders to vote against the proposed merger with CFO Silvia, citing significant stockholder dilution (up to 21.9%), conflicts of interest involving CEO Anthony Pompliano who controls both buyer and seller, a deficient board review process including an unexplained director resignation, and an inadequate fairness opinion lacking fundamental valuation analysis. ATG Capital argues the deal would surrender approximately one-fifth of the company in exchange for a pre-revenue startup incorporated just five months prior.

03/12/2026, 4:00 PM • GlobeNewswire

Anthony Pompliano, ProCap BTC and Columbus Circle Capital Corp I to Implement Moonshot Earnout and Compensation Structure Following Closing of Business Combination

ProCap Financial announced a groundbreaking compensation structure where CEO Anthony Pompliano and board members will receive equity compensation tied to specific stock price performance milestones, emphasizing shareholder alignment and performance-based rewards.

12/04/2025, 10:05 AM • Benzinga

Columbus Circle Capital Corp I Shareholders Approve Business Combination with ProCap BTC

Columbus Circle Capital Corp I shareholders voted to approve a business combination with ProCap BTC, creating ProCap Financial, Inc., a bitcoin-focused financial services company. The transaction is expected to close on December 5, 2025, with the company trading under the symbol 'BRR' on Nasdaq.

12/03/2025, 8:07 PM • GlobeNewswire

Anthony Pompliano Unveils ProCap Financial With $1B Bitcoin Treasury After $750M Fundraise

Anthony Pompliano has announced the launch of ProCap Financial, a new Bitcoin-focused financial services firm, through a $1 billion merger with Columbus Circle Capital Corp. I. The company plans to hold up to $1 billion worth of Bitcoin on its balance sheet, representing the largest initial fundraising for a publicly traded Bitcoin treasury company.

06/23/2025, 10:13 AM • Benzinga

Anthony Pompliano Strikes $1 Billion Merger to Create ProCap Financial; Raises Over $750M in Largest Initial Fundraise in History for Public Bitcoin Treasury Company

Anthony Pompliano's bitcoin-focused financial services firm ProCap BTC, LLC is merging with SPAC Columbus Circle Capital Corp. I (CCCM) to create a publicly-traded company ProCap Financial, Inc. with up to $1 billion in bitcoin on its balance sheet.

06/23/2025, 8:00 AM • GlobeNewswire