ProCap Financial Sells Approximately 50 Bitcoins to Repurchase Shares, Now Holds About 5,254
ProCap Financial (Nasdaq: BRR) announced that it has repurchased 2.2% of its outstanding common shares at a discount of approximately 22% to net asset value (NAV) since September 3, funded by the sale of approximately 50 bitcoins. Since the initiation of the repurchase program, the company has repurchased approximately 12.2% of its outstanding shares. As of the close on September 15, the company had 84,937,392 shares outstanding and held approximately 5,254 bitcoins, with an NAV per share of about $3.62. The company stated that it will continue to repurchase shares until the stock price is no longer below NAV.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Glassnode: No Signs of Overheating in the Altcoin Market

UBS Predicts Global AI Capital Expenditure Will Reach $998 Billion by 2026, with Memory Price Increases Contributing 90% of Growth

Argentina to Share Cryptocurrency Trading Data from 77 Jurisdictions by 2029

Chainalysis: Global Taxable Crypto Activity Estimated at $457 Billion, Stablecoin Payments Account for the Largest Share

Evernorth Holdings Plans to Issue $30 Million Convertible Notes to Purchase XRP

Hyperliquid Launches Manual Lending Feature with $269 Million in Assets Loaned Out

Cardano IOG Warns of AI-Altered Live Scam on YouTube Channel

Hyperliquid HIP-3 Market Accounts for Nearly 50% of Perpetual Trading Volume

Ondo Finance Founder Passes Away, Family Fights Over $11 Million Compensation Package

CFTC grants broker registration relief to crypto developers

Bulgaria Strengthens Tax Reporting on Crypto Assets in Compliance with EU Law: Withdrawals from Self-Custody Accounts Also Subject to Regulation

H100 Group CEO Acquires 407,000 Shares, Holding 3,506 BTC

DeFi Development opens $300M CHAD offering with 13% dividend

Verkhovna Rada Passed Bill for Mortgage Development and Eurointegration

Solana network stake drops 29% due to routing error

Stablecoin Supply Increases to $303 Billion, Payment Volume Rises to $527 Billion

Forward Industries Proposes Acquisition of All Shares of SkyAI

Smarter Web Company Plans to Raise £15 Million to £25 Million by Issuing Perpetual Preferred Shares on the London Stock Exchange

Ondo Finance Hosts Closed-Door Forum at Korea Blockchain Week and TOKEN2049

Altcoin market cap rises 21% in a month, trails BTC gains

Mr&强 Discusses New Uses for WEEX Platform Token WXT

KFTC: Restrictions on Cryptocurrency Exchange Shares Do Not Conflict with Fair Trade Act

US Imposes Sanctions on VTB for Assisting Iran

Balancer Proposal to Wind Down Protocol, $9 Million Allocated to BAL Holders

Espresso Mainnet Transaction Final Confirmation Time Reduced to Under 1 Second

Only 3% of Polymarket Traders Account for 27% of Total Profits

UAE National Digital Identity System UAE PASS Adopts Avalanche Technology

China's Semiconductor Industry Advances Through Collaboration Among Government, Banks, and Enterprises

Sam Price Analyzes Bitcoin Mining Competition Dynamics





