ProCap Financial adds 450 Bitcoin to the purchase holdings

BTC-1,77%

BlockBeats News, March 2 — According to The Wall Street Journal, crypto investor Anthony Pompliano’s publicly traded Bitcoin treasury company, ProCap Financial, is actively repurchasing shares to reduce the discount relative to net asset value, while also acquiring 450 new Bitcoins.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Potentially Dips to $62,000? Mega Whales Counter-Trend Accumulation Hits One-Year High, Long-Short Battle Intensifies

Bitcoin broke below the head and shoulders neckline on March 23rd, with prices sliding to around $68,100. The downside target is expected at $62,200. Despite coin holders increasing positions and RSI forming a divergence signal, the market is still facing selling pressure. $69,500 serves as a key support level, and future trends will depend on the battle over key price levels.

GateNews2m ago

Gold Plunges to Worst Record Since 1983, Funds May Turn to Bitcoin and Other Assets Amid Liquidity Crisis

On March 23rd, the gold market experienced severe selling pressure, posting its worst week since 1983, prompting investors to reassess safe-haven assets. Analysis indicates that the gold price decline stems from concentrated position liquidation, with market drivers shifting toward liquidity prioritization. Rising bond yields have also triggered cross-asset selling, as institutional investors begin turning toward private markets and digital assets. The gold decline demonstrates that asset pricing mechanisms are changing in a liquidity-driven environment.

GateNews5m ago

Bitcoin's correlation with the S&P 500 turns positive! Market panic worsens, BTC may dip to $65,000

Affected by escalating Middle East tensions, Bitcoin and the stock market showed significant directional changes in March, resuming positive correlation. Market sentiment deteriorated, retail investors turned pessimistic about the future, and analysts warned that Bitcoin could decline in tandem with the stock market. If it breaks below the $68,000 support level, it could point toward $65,000. Overall, macro risks are once again dominating the market, and volatility risk has increased.

GateNews11m ago

A certain address went long 280.2 BTC with 40x leverage and was partially liquidated within 1 hour.

Gate News reported that on March 23, according to Lookonchain monitoring, the on-chain address (0x9657...165c) opened a long position with 40x leverage on 280.2 BTC valued at $19.07 million. The position was partially liquidated in less than 1 hour. Currently, the address holds 224.16 BTC valued at $15.18 million, with a new liquidation price of $67,587.12.

GateNews26m ago
Comment
0/400
No comments