US investor strikes $1 billion merger to create bitcoin treasury company
By Gertrude Chavez-Dreyfuss BOSTON (Reuters) -U.S. investor and entrepreneur Anthony Pompliano announced on Monday the creation of a new bitcoin (BTC-USD) treasury company that would hold up to $1 billion of the world’s largest cryptocurrency on its balance sheet. Pompliano said in a statement that his financial services firm ProCap BTC would merge with Columbus…