ProCap Financial Merges, Pompliano Takes $1 Salary

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.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.