Anthony Pompliano's Bitcoin Treasury ProCap Buys Again Inventory Amid 85% Value Plunge – Decrypt

Briefly
ProCap Monetary purchased again extra shares of BRR because the agency's market cap continues to commerce under the worth of its property.
The agency of crypto persona Anthony Pompliano holds 5,007 BTC valued round $325 million.
Shares within the agency are down 85% from final yr's peak.
ProCap Monetary, the publicly traded Bitcoin treasury agency of social media persona and crypto investor Anthony Pompliano, is shopping for again its personal shares because it seeks to profit shareholders and push its mNAV, or market web asset worth again, in direction of 1.The agency repurchased 148,241 shares of BRR, valued at practically $359,000 as of the tip of the buying and selling day. Its NAV, which the agency calculates as its money and Bitcoin holdings minus its convertible money owed, at the moment sits round $305 million. The agency's market cap is underneath $202 million, as of this writing.”We had been capable of purchase $1.00 of our inventory for about $0.65 final week,” stated Pompliano, the agency’s chairman and CEO, in a press release. “We plan to aggressively purchase as a lot of our inventory as we are able to so long as the market will promote us shares at a considerable low cost to NAV.”
Each nice investor is aware of you should purchase property for lower than they're price.$BRR shares are buying and selling at a considerable low cost to NAV, so we're shopping for our inventory again.
We'll proceed to AGGRESSIVELY purchase the inventory so long as it trades at a big low cost. pic.twitter.com/Mfk5NaglYK
— Anthony Pompliano 🌪 (@APompliano) February 23, 2026“Each nice investor is aware of it's a good suggestion to purchase property for lower than they're price,” he added. “BRR shares aren't any totally different.”The agency is just not the primary digital asset treasury to repurchase shares when its mNAV has fallen under 1. When that is the case, a agency's market cap is buying and selling at lower than the worth of its web property, and it's due to this fact higher for shareholders for the agency to buy shares, as a substitute of crypto property. Traditionally, main crypto treasury corporations like Technique (previously MicroStrategy) have traded at a premium to their underlying crypto holdings. However as the costs of prime crypto property like Bitcoin and Ethereum have fallen, so too have the premiums of the DATs that accumulate them, with practically each notable crypto treasury agency now holding an mNAV under 1. ProCap, which owns 5,007 BTC valued at about $325 million, first began repurchasing shares in December. By earlier this month, it had reacquired round 2% of the excellent shares of BRR. Pompliano dedicated $1 million of private funds to accumulate shares within the agency in December, including that he did so “as a result of I consider pores and skin within the sport is crucial for leaders.” He’s paid a $1 wage, and doesn't earn any private fairness compensation until ProCap trades at $15 a share, in response to the agency. Decrypt reached out to ProCap for remark however didn't instantly obtain a response.On Monday, shares of BRR completed the day buying and selling fingers for $2.42—down about 76% within the final six months, and 85% from final yr’s peak worth. Shares would want to leap about 520% for Pompliano to set off the non-public fairness compensation outlined by the agency. In the meantime, BTC has dropped practically 4% within the final 24 hours and was lately altering fingers at $64,888. It’s now down nearly 49% from October’s peak worth above $126,000.Each day Debrief NewsletterStart on daily basis with the highest information tales proper now, plus authentic options, a podcast, movies and extra.