ProCap Financial Acquires 450 Bitcoin While Aggressively Repurchasing Shares to Close Discount to NAV

• Company purchased 450 Bitcoin, reducing its average cost basis per Bitcoin
• Company has repurchased 782,408 shares of common stock over the last 10 days
• Company remains committed to aggressively repurchasing shares at a significant discount to NAV

NEW YORK--(BUSINESS WIRE)--ProCap Financial, Inc. (Nasdaq: BRR), the first publicly traded agentic finance firm, today announced the Company acquired 450 Bitcoin. The Company now holds 5,457 Bitcoin and reduced its average cost basis per Bitcoin.

In the last 10 days, ProCap Financial has repurchased 782,408 shares of its common stock at a significant discount to Net Asset Value ("NAV"). In that time frame, the NAV discount has narrowed, reflecting the program’s early success. The Company intends to continue repurchasing shares for as long as BRR trades at a significant discount to NAV.

The Company has 82,640,367 total basic shares outstanding.

“We are doing two things at the same time: buying Bitcoin to average down our total cost basis and buying back our own stock when the market misprices it,” said Anthony Pompliano, Chairman and CEO of ProCap Financial. “Both actions are accretive to our shareholders. Our disciplined approach to our balance sheet has put us in a position to play offense now that Bitcoin has significantly fallen from the all-time high.”

About ProCap Financial

ProCap Financial is the first publicly traded agentic finance firm. The Company’s mission is to help independent investors make money. Founded in 2025, the Company raised more than $750 million from leading investors and is traded on Nasdaq under the symbol BRR. Visit www.procapfinancial.com for more information.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and are subject to various risks and uncertainties that could cause actual results to differ materially. Such risks include those described under “Risk Factors” in most recent SEC filings. We caution readers not to place undue reliance on forward-looking statements, which reflect our views only as of the date of this release. We undertake no obligation to update such statements, except as required by law.