Anthony Pompliano's Bitcoin vault company ProCap announced it will go public through a SPAC merger, with a transaction valuation of up to $1 billion, expected to be completed by the end of 2025. ProCap has previously raised $550 million in preferred stock and $225 million in convertible bonds, and plans to operate its BTC reserves through a yield strategy rather than just holding.
Wall Street old lights, yesterday no news was released, today they are releasing good news one after another.