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0.0461538461538462 0.0461538461538462 0.0461538461538462 0.0461538461538462 0.0461538461538462 0.0423076923076923 -0.0076923076923077 0.00384615384615393
Stock impact report

ProCap Financial Acquires 450 Bitcoin While Aggressively Repurchasing Shares to Close Discount to NAV

ProCap Financial, Inc. (BRR) 
Company Research Source: Business Wire
Company purchased 450 Bitcoin, reducing its average cost basis per BitcoinCompany has repurchased 782,408 shares of common stock over the last 10 daysCompany remains committed to aggressively repurchasing shares at a significant discount to NAV NEW YORK--(BUSINESS WIRE)--ProCap Financial, Inc. (Nasdaq: BRR), the first publicly traded agentic finance firm, today announced the Company acquired 450 Bitcoin. The Company now holds 5,457 Bitcoin and reduced its average cost basis per Bitcoin.In the last 10 days, ProCap Financial has repurchased 782,408 shares of its common stock at a significant discount to Net Asset Value ("NAV"). In that time frame, the NAV discount has narrowed, reflecting the program’s early success. The Company intends to continue repurchasing shares for as long as BRR trades at a significant discount to NAV.The Company has 82,640,367 total basic shares outstanding.“We are doing two things at the same time: buying Bitcoin to average down our total cost basis and buy Show less Read more
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