2 hours ago
2
The company expands Bitcoin holdings, emphasizing confidence in digital assets and strategic undervaluation opportunities.
ProCap Financial, a Bitcoin-focused investment firm led by Anthony Pompliano, has purchased 450 Bitcoin, bringing its total holdings to 5,457 coins while lowering its average purchase cost, according to a Monday announcement.
The purchase was funded by approximately $35 million from its working capital account.
With Bitcoin currently trading at $66,341, ProCap’s Bitcoin treasury is now worth over $360 million, making it the 19th-largest corporate holder of Bitcoin.
Pompliano, a longtime advocate for corporate Bitcoin accumulation, founded the company in 2025 as a publicly traded vehicle for institutional exposure to the asset.
The acquisition comes alongside an aggressive equity repurchase effort. The company has aggressively repurchased 782,408 shares of its stock over the past 10 days, aiming to reduce a persistent discount between its share price and net asset value.
The buyback initiative has already helped narrow the NAV discount, and the company intends to maintain the program for as long as mispricing persists. ProCap has over 82 million total basic shares outstanding.
Since its founding, the firm has raised more than $750 million from institutional backers, positioning itself as a pure-play treasury vehicle tied to Bitcoin price performance.
While the pace has moderated, publicly listed companies continue to add Bitcoin to their balance sheets, with many corporate treasurers still viewing the asset as a diversification tool and potential hedge against currency debasement.
English (US) · 