ProCap Financial Buys 450 Bitcoin During Price Pullback, Repurchases 782,408 BRR Shares Below NAV
ProCap Financial disclosed this week it purchased 450 Bitcoin as prices retreated from record highs, bringing total holdings to 5,457 Bitcoin in line with its treasury strategy. The company also repurchased 782,408 common shares under ticker BRR on Nasdaq over the past 10 days at what it described as a significant discount to net asset value, and said the NAV discount narrowed during that period. ProCap, which identifies as the first publicly traded agentic finance firm founded in 2025 with more than $750 million raised from investors, said it plans to continue buybacks while the discount remains meaningful and currently has 82,640,367 basic shares outstanding.