Anthony Pompliano's Bitcoin Treasury Firm ProCap $BTC BTC Closes SPAC Merger Deal

What to know:

Anthony Pompliano-led ProCap BTC closed its SPAC merger on Friday.

This year's crop of quickly-formed bitcoin treasury companies have plunged in value, and BRR fell more than 50% this week as its merger went forward.

Pompliano attempted to address investor concerns over management and board compensation

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