US investor strikes $1 billion merger to create bitcoin treasury company

Technology News

US investor strikes $1 billion merger to create bitcoin treasury company
Malaysia Latest News,Malaysia Headlines
  • 📰 staronline
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

Nottingham-based Dr Byron, who is an award-winning photographer, says the exhibition will be a celebration of these youth's spirit and determination.

BOSTON -U.S. investor and entrepreneur Anthony Pompliano announced on Monday the creation of a new bitcoin treasury company that would hold up to $1 billion of the world's largest cryptocurrency on its balance sheet.

Several public companies have employed bitcoin treasury strategies, which involves allocating a portion of their cash and reserves toward bitcoin, to replicate the success of software company Strategy, which began accumulating bitcoin in 2020 and now holds more than $63 billion worth of the digital token.

Pompliano, one of the biggest investors in the crypto space over the last several years,said ProCap BTC has raised $500 million in equity and $250 million in a convertible note, in what he termed the largest initial fundraising in history for a bitcoin treasury company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Soccer-Nuno extends Nottingham Forest contract until 2028Soccer-Nuno extends Nottingham Forest contract until 2028ST PETERSBURG (XINHUA): The 19th General Assembly of the Organisation of Asia-Pacific News Agencies (OANA) kicked off in St Petersburg on Thursday (June 19).
Read more »

Tennis-American Kessler wins Nottingham Open finalTennis-American Kessler wins Nottingham Open finalWASHINGTON (Reuters) -As Operation 'Midnight Hammer' got underway on Saturday, a group of B-2 bombers took off from their base in Missouri and were noticed heading out toward the Pacific island of Guam, in what experts saw as possible pre-positioning for any U.S. decision to strike Iran.
Read more »

England suffer shock 3-1 loss to Senegal as Kane warns: ‘Not good enough, World Cup is coming fast’England suffer shock 3-1 loss to Senegal as Kane warns: ‘Not good enough, World Cup is coming fast’No panic, but England ‘not good enough’, says Kane Nottingham, United Kingdom | AFP | Tuesday 6/11/2025 - 05:34 UTC+8 | 281 words Captain Harry...
Read more »

Industry concerns over expanded SSTIndustry concerns over expanded SSTNOTTINGHAM, England (Reuters) -Senegal became the first African team to beat England in 22 games on Tuesday, winning 3-1 in a friendly at the City Ground thanks to goals from Ismaila Sarr, Habib Diarra and Cheikh Sabaly.
Read more »

Data centres in Johor explore alternative water sourcesData centres in Johor explore alternative water sourcesNOTTINGHAM, England (Reuters) -Senegal became the first African team to beat England in 22 games on Tuesday, winning 3-1 in a friendly at the City Ground thanks to goals from Ismaila Sarr, Habib Diarra and Cheikh Sabaly.
Read more »

Penang’s call for mindful tourismPenang’s call for mindful tourismNOTTINGHAM, England (Reuters) -Senegal became the first African team to beat England in 22 games on Tuesday, winning 3-1 in a friendly at the City Ground thanks to goals from Ismaila Sarr, Habib Diarra and Cheikh Sabaly.
Read more »



Render Time: 2025-08-28 22:32:11