ProCap Financial sells about 50 Bitcoin for share buyback
ProCap Financial (Nasdaq: BRR) sold approximately 50 Bitcoin to fund a share buyback, buying its shares at roughly 22% below net asset value. The September 16 transaction follows prior moves that reduced its outstanding share count by about 12.2% since launch.
ProCap Financial (Nasdaq: BRR) sold approximately 50 Bitcoin to fund a share buyback, picking up its own stock at roughly 22% below net asset value. 2% since it launch…