- CEO
- Gary Quin
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 3 Columbus Circle New York NY United States of America 10019
- IPO Date
- May 16, 2025
- Business
- Columbus Circle Capital Corp I Warrant (CCCMW) provides holders the right, but not the obligation, to purchase Class A ordinary shares of Columbus Circle Capital Corp I, a blank check company, at a specified exercise price, offering leveraged exposure to the SPAC's business combination activities; these publicly traded warrants, listed on Nasdaq, accompany the company's units (CCCMU) and separate shares (CCCM, now BRR). Columbus Circle Capital Corp I, incorporated in 2024 and headquartered at 3 Columbus Circle, 24th Floor, New York, New York, operates as a Cayman Islands exempted company focused on effecting mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar transactions with one or more target businesses across industries including AI, digital infrastructure, sports, media, entertainment, healthcare, energy transition, mining, and cryptocurrency, primarily targeting opportunities in EMEA regions and Latin America. The SPAC raised $250 million in its upsized initial public offering in May 2025, with units separating for independent trading of shares and warrants in June 2025. In June 2025, the company announced a definitive $1 billion business combination with ProCap BTC LLC, a bitcoin-native financial services firm led by Anthony Pompliano, to create ProCap Financial Inc., which plans to hold up to $1 billion in bitcoin treasury for institutional financial products and yield strategies, supported by $516.5 million in equity and $235 million in convertible notes from investors like Magnetar Capital and Woodline Partners; the deal amended in July 2025 to link 15% of bitcoin appreciation gains to public shareholders, changed tickers to BRR (Bitcoin Rate of Return) in July, filed an effective S-4 registration in November, and schedules an extraordinary general meeting for shareholder approval on December 3, 2025, with completion expected by year-end subject to regulatory and closing conditions.