ProCap BTC submitted S-4 form to the SEC seeking listing, with its Bitcoin holdings showing an unrealized gain of over 60 million dollars

ChainCatcher news, according to PR Newswire, Bitcoin treasury company ProCap BTC has submitted an S-4 registration statement to the U.S. Securities and Exchange Commission, seeking to apply for a merger with the Nasdaq-listed company Columbus Circle Capital Corp I (BRR).

According to the information disclosed in the application documents, the company has currently realized over $60,000,000 in unrealized gains from the 4,950 bitcoins purchased this year.