ProCap Financial sells 50 BTC to repurchase 2.2% of common stock
ProCap Financial ($BRR), led by Anthony Pompliano, has sold 50 BTC to fund a share buyback of 2.2% of its common stock at a 22% discount to net asset value. The company currently holds 5,254 BTC and has repurchased a total of 12.2% of its outstanding shares to date.
Summaries are written by AI from the original article. Not investment advice.