---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007682"
form_type: "8-K"
ticker: "BRR"
cik: "0002076163"
company_name: "ProCap Financial, Inc."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:18:05.048859+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ProCap Financial repurchases 148,241 shares at ~35% discount to NAV; commits to ongoing buybacks

## Summary
- Repurchased 148,241 shares on Feb 20, 2026, at ~35% discount to NAV (~$3.65 per share).
- Company commits to aggressive stock buybacks while shares trade at a discount to NAV.
- Current holdings: 5,007 BTC (~$335M), cash ~$70M, convertible debt ~$100M, NAV ~$305M.
- CEO Anthony Pompliano: 'We were able to buy $1.00 of our stock for approximately $0.65'.
- Share buyback plan established in December 2025; ongoing program reaffirmed.

## SEC filing metadata
- accession: 0001493152-26-007682
- form_type: 8-K
- ticker: BRR
- cik: 0002076163
- company_name: ProCap Financial, Inc.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2076163/000149315226007682/0001493152-26-007682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2076163/000149315226007682/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007682
- JSON: https://secwatch.observer/filing/0001493152-26-007682.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007682.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.