🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
ProCap BTC Revised Merger Protocol Shareholders Will Share Bitcoin Appreciation Gains
[Coin World] On July 29 (UTC+8), on July 28, ProCap BTC LLC announced a revision of the previous business merger agreement with Columbus Circle Capital Corp I (NASDAQ: CCCM) on July 28. According to the latest revision, CCCM's public shareholders will have the opportunity to share in the appreciation of the company's Bitcoin holdings. The revised agreement stipulates that if the Bitcoin price at the time of the transaction is higher than the purchase price (104,343 USD), CCCM public shareholders who do not choose to redeem their shares will receive a 15% adjustment share distribution right. Previously, this portion of the rights was planned to be allocated to the sole common shareholder of ProCap BTC. It is worth noting that ProCap BTC had previously raised $750 million through preferred stock financing, purchasing 4,950 Bitcoins at an average price of 104,343 USD. As of July 27, the market capitalization of these Bitcoins had reached $588.6 million, with a unit price of approximately 118,900 USD. The merged company will be renamed ProCap Financial, focusing on providing Bitcoin-related Financial Services to institutional investors. The transaction still requires approval from regulatory authorities and shareholder voting.