Anthony Pompliano led Procap Financial dips toe into buybacks

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Anthony Pompliano led Procap Financial dips toe into buybacks The company, which has raised more than $750 million from investors, repurchased about $350,000 worth of its stock. By James Van Straten | Edited by Stephen Alpher Feb 23, 2026, 3:21 p.m. Make us preferred on Google What to know : ProCap Financial repurchased 148,241 shares at what is said was about a 35% discount to NAV.. BRR holds 5,007 BTC worth about $335 million, $70 million in cash, $100 million in convertible debt. The company said it is committed to narrowing that NAV discount. ProCap Financial, (BRR), which calls itself the first publicly traded agentic finance firm, has begun its share repurchase program aimed at closing the discount between its stock price and net asset value (NAV). The company said it bought 148,241 BRR shares in the open market on Feb. 20. That implies a purchase price in the area of $2.30 per share, for a total amount of roughly $341,000. It's not exactly a mammoth purchase, given the company has raised more than $750 million from investors and currently holds more than 5,000 bitcoin worth about $335 million on its balance sheet. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . The company further said the shares were purchased at roughly a 35% discount to the net asset value of the bitcoin it holds. "We were able to buy $1.00 of our stock for approximately $0.65 last week," said Chairman and CEO Anthony Pompliano. "We plan to aggressively buy as much of our stock as we can as long as the market will sell us shares at a substantial discount to NAV." BRR shares are modestly outperforming other bitcoin treasury companies in U.S. Monday morning trade, rising 3% to $2.42. Bitcoin News Bitcoin Treasury Reserve Asset Anthony Pompliano More For You Mexican billionaire Ricardo Salinas remains bullish on bitcoin after plunge By Francisco Rodrigues | Edited by Stephen Alpher 1 hour ago Salinas has previously said he has 70% of his liquid assets in bitcoin. What to know : Ricardo Salinas urged his followers to buy bitcoin as protection against inflation and control. Salinas said he has 70% of hits liquid assets in bitcoin during an interview last year, up from 10% in 2020. The Mexican crypto advocate has said he views fiat currency as fraudulent and positions bitcoin as the primary means of preserving purchasing power. Read full story Latest Crypto News Elliptic flags Russia-linked crypto platforms’ ongoing sanctions evasion 33 minutes ago CoinDesk 20 performance update: AAVE gains 1.7% while index trades lower over weekend 1 hour ago BitMine Immersion added $98 million of ether last week as losses balloon to more than $8 billion 1 hour ago U.S. Treasury may boost T-Bill issuance as stablecoins eye $2 trillion market cap: StanChart 1 hour ago Pantera leads $11.5M round in Based, a Hyperliquid-powered crypto app 1 hour ago Mexican billionaire Ricardo Salinas remains bullish on bitcoin after plunge 1 hour ago Top Stories Bitcoin stabilizes after overnight crypto rout, bouncing to $66,000 3 hours ago Strategy logs 100th bitcoin purchase announcement, adding 592 coins last week for $39.8 million 1 hour ago Bitcoin ETFs bleed $3.8 billion in historic five-week outflow streak 10 hours ago Ethereum's cofounder Vitalik Buterin sells more ether while prices continues to slide 5 hours ago To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing 23 hours ago Tariff travails resurface, bitcoin holders prepare for declines 3 hours ago