AiCoin
AiCoin|Sep 03, 2026 12:01
[ProCap Financial Sells 50 Bitcoins, Repurchases Over 2% of Outstanding Shares] According to Businesswire, ProCap Financial sold 50 Bitcoins, using the proceeds to repurchase over 2% of its outstanding shares at a 40% discount to net asset value. Since initiating its stock repurchase program, ProCap Financial has cumulatively repurchased approximately 10% of its outstanding shares. As of the close on September 2, the company holds approximately 5,305 Bitcoins and will continue to evaluate opportunities for stock repurchases when the share price trades at a significant discount to net asset value.
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