US Nasdaq-listed Bitcoin-focused financial company ProCap Financial (BRR) announced that it sold approximately 50 BTC to repurchase 2% of its own shares at a discount of about 40% to its net asset value (NAV). Including this repurchase, the company has bought back approximately 10% of its outstanding shares since the start of its share repurchase program. As of the close of the stock market on September 2 (local time), its Bitcoin holdings were approximately 5305 BTC, outstanding shares were 86,764,282, and NAV per share was approximately $3.71.
