Anthony Pompliano’s ProCap Financial buys 450 bitcoin, steps up share buybacks
CoinDesk
ProCap Financial purchased 450 BTC, making it the 19th largest public holder, while also increasing its share buybacks.Summary
ProCap Financial (BRR), the first publicly traded agentic finance firm led by Anthony Pompliano, announced the purchase of 450 Bitcoin, raising its total holdings to 5,457 BTC and positioning it as the 19th largest public holder. This acquisition helped lower the company's average cost basis. Concurrently, ProCap repurchased 782,408 shares of its common stock over the last ten days at a discount to net asset value (NAV). Pompliano stated this dual strategy—buying Bitcoin to average down costs and repurchasing stock when mispriced—is accretive to shareholders. Shares of BRR rose 2% in pre-market trading following the news.
(Source：CoinDesk)