ProCap Financial Adds 450 Bitcoin to Holdings

Capital B is a French company listed on Euronext Growth Paris. Formerly known as The Blockchain Group, it has made increasing diluted Bitcoin holdings per share the centerpiece of its treasury strategy. Its continued use of equity financing to buy BTC shows how European listed companies are turning Bitcoin from a trading asset into a corporate reserve. The approach also increases shareholders’ exposure to cryptocurrency price swings and financing conditions.

Capital B said on May 18, 2026, that it had purchased 192 Bitcoin for 13 million euros, or about $15.2 million, at an average price of roughly $79,000 each. The acquisition lifted its total holdings to 3,135 BTC. The purchase came just one week after it completed about $17.8 million in strategic financing on May 11, with investors including Adam Back and Paris-based asset manager TOBAM.

ProCap Financial (Nasdaq: BRR), led by bitcoin investor Anthony Pompliano, went public after raising more than $750 million in 2025 and primarily holds bitcoin as a balance-sheet reserve. With its shares trading below net asset value for an extended period, the company established a buyback program in December 2025 to repurchase stock at discounted prices and improve both asset value per share and market confidence.

ProCap Financial repurchased 148,241 common shares on the open market on February 20, 2026. It announced on February 23 that buybacks would continue while its shares traded below NAV. At the time, the company held 5,007 bitcoin worth about $335 million, roughly $70 million in cash and $100 million in convertible debt. Its NAV was about $305 million, or $3.65 per share, while the stock traded at an approximately 35% discount.

Anthony Pompliano-led ProCap Financial (BRR) holds Bitcoin as a core asset and describes itself as the first publicly traded agentic finance company. Its shares trade at a discount of about 35% to net asset value, reflecting continued market concerns over crypto-asset valuations and the company’s strategy.

ProCap Financial announced the launch of a share buyback on July 20, 2026, spending about $350,000 on its initial repurchases in an effort to narrow the roughly 35% discount to net asset value. The company currently holds 5,007 Bitcoin, valued at a combined total of about $335 million in the announcement.