ProCap Financial, Inc. (Nasdaq: BRR) announced Monday it repurchased two million shares of its common stock at approximately a 50% discount to its Net Asset Value, funding the transaction through the sale of roughly 52 Bitcoin.

The move reduces the share count while leaving the company’s Bitcoin reserves largely intact. As of May 29, 2026, ProCap held approximately 5,405 Bitcoin and reported a NAV per share of approximately $3.47 — against a closing stock price of $2.15 on that date, a gap of roughly 38%. 

The company said the buyback was executed at a wider, approximately 50% discount point, meaning shares were acquired at around $1.74 per share based on the stated NAV.

“Since…

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