ProCap Financial sells 50 bitcoins and buys back over 2 per cent in circulation Unit

According to Busineswire, ProCap Financial sold 50 bitcoins, and the funds were used to repurchase more than 2 per cent of the current stock at a 40 per cent discount on the value of net assets. ProCap Financial cumulatively repurchased 10 per cent of the negotiable shares since the inception of the equity buy-back plan, holding approximately 5305 bitcoins as at 2 September, and will continue to assess the opportunity to repurchase stocks when the equity price is significantly lower than the net asset value。