ProCap Financial Merges, Pompliano Takes $1 Salary
Update: 2025-12-06
Description
ProCap BTC and Columbus Circle Capital merge to form ProCap Financial, trading on Nasdaq as B R R. Despite raising over $750 million, bitcoin treasury companies formed through SPACs have seen stock prices plummet. Anthony Pompliano, ProCap BTCs leader, commits to a $1 annual salary and stock-based compensation tied to stock price targets, aligning management interests with shareholders.
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