ProCap Financial Sells Bitcoin to Buy Back Stock at Approximately 50% Discount to NAV, Increasing Bitcoin Exposure for All Shareholders

• ProCap Financial repurchased two million shares of its common stock at an approximate 50% discount to Net Asset Value
• Company has nearly 20 years of runway at its current expense levels and no price appreciation of Bitcoin

NEW YORK--(BUSINESS WIRE)--ProCap Financial, Inc. (Nasdaq: BRR), the first publicly traded agentic finance firm, today announced it repurchased two million shares of its common stock at an approximate 50% discount to Net Asset Value (“NAV”). The Company funded the transaction by selling approximately 52 Bitcoin.

“Since BRR was trading at roughly half of NAV, converting a small amount of Bitcoin into repurchased shares increased the amount of Bitcoin owned by all remaining shareholders,” said Anthony Pompliano, Chairman and CEO of ProCap Financial.

ProCap Financial has a strong balance sheet. At current expense levels, the Company has nearly 20 years of runway, even if it generated no revenue and there was no price appreciation to Bitcoin.

ProCap Financial will continue to evaluate opportunities to repurchase shares when they trade at a deep discount to NAV.

As of market close on Friday, May 29, 2026, the number of outstanding shares was 88,730,996, the number of Bitcoin held was approximately 5,405 and the NAV per share was approximately $3.47.

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.