Strategy Reaches 848,000 BTC While Spending $176M on STRC Buybacks Strategy said it acquired 334 BTC...
Ethena (ENA) Price Prediction 2026, 2027 – 2030: Is a Multi-Year Expansion Toward $1 Possible?
Ethereum Glamsterdam vs Solana Alpenglow: October 2026 Protocol Comparison
Michael Saylor: Strategy repurchased about $176 million in STRC preferred stock last week
The US is Lending Vistra $4.2 Billion to Squeeze More Power…
Strategy’s Bitcoin Treasury Reaches 848,000 After 334 BTC Buy
Michael Saylor’s Strategy (MSTR) Extends Bitcoin Buying Streak With 334 BTC Addition
Strive bought 2,000 BTC for $169 million last week, raising total holdings to 29,462 BTC
Metaplanet Sold 10,000 Bitcoin and Bought Back 11,000 to Prove a Point
Strategy Increases Bitcoin Holdings to 848,000 BTC with Recent Purchase
Draper Associates Invests in Xverse to Enhance Bitcoin Banking Services
Strategy bought 334.3 $BTC, bringing its total holdings to 848,000 BTC...
STRATEGY BUYS 334 BTC OVER PAST WEEK: FILING ...
Strategy discloses it added 334.3 BTC last week, total holdings rise to 848,000.3 BTC
Bitcoin Treasury Firm Metaplanet Hits 44,000 BTC: Remains Second Largest Public Holder
US jobs revision turns July’s 21,000 gain into a 10,000 loss
Tom Lee: Strength in crypto and tech stocks reflects market expectations of looser financial conditions ahead
Ethereum Price Steadies as 786,000 ETH Lines Up to Exit
Nvidia-backed AI firm Firmus plans IPO to raise $5.5 billion at a valuation of about $30.6 billion
Bitcoin Price Fails to Hold $87K: What’s Blocking the Next Rally to $90K?
678,232 $SOL (81,847,690 USD) transferred from #BitGet to unknown wallet...
French Crypto Executives Propose Direct Taxation on Crypto-to-Stablecoin Conversions
Morning Minute: Uptober Off to a Green Start
Philadelphia Fed Study Reveals Small Bitcoin Traders React Quickly to Whale Alerts
Metaplanet Sells 10,000 Bitcoin, Buys 11,000 Back to Prove Liquidity
U.S. Treasury Sanctions Fundraising Network Linked to Hamas
Google AI Search’s ‘Official’ Tronify.rent Label Raises Questions After $69,651 Losses
Greek soldiers suspected of involvement in $8 million crypto pyramid scheme
Greek Police Arrest 17 in Alleged $8 Million Crypto Pyramid Scheme
Greek Soldiers Among Alleged Leaders of $8M Crypto Pyramid Scheme
Survey Reveals Growing Interest in Cryptocurrency Among Wealthy Investors in Europe and the U.S.
Top Altcoins To Buy Now: 5 Revenue-Generating Tokens With Price Targets Up To $300
Is $60,000 Bitcoin Gone Forever? Nansen CEO Alex Svanevik Says Yes
Holo Price Prediction 2026,2027-2030: When Will $HOT Reach $1?
SEC approves a 3x fix for bitcoin and ether traders who miss the wild swings
Treasury crackdown exposes crypto's role in $2 million Hamas fundraising network
StarkWare to Host Privacy Summit in Singapore During Token2049
606 $BTC (52,251,647 USD) transferred from unknown wallet to #Coinbase...
Ten tokens held 62% of altcoin futures exposure, but shared collateral can put other positions at risk
Chainalysis AI Traced North Korea's $387M Bitget Hack in Under 10 Minutes
Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC
Arkham says wallets tied to Hayden Davis and Kelsier Ventures fell from nearly $300M to about...
Visa found 46% of Asia Pacific consumers sayy are likely to use stablecoins within
Bank of America Increases Price Target for Coinbase Amid Mixed Market Conditions
Funding Rates Indicate Shift in Cryptocurrency Market Sentiment
Metaplanet Sets 85%–90% Bitcoin Allocation, Adds 10%–15% for Strategic Investments Metaplanet...
Sold an Apartment for $900,000 and Bought Bitcoin: CZ’s Story in a Major NYT Feature
U.S. dollar climbs to 18-month high as bitcoin holds firm around $86,000
Blockworks Takes Its Institutional Crypto Summit To Asia
Bank of Russia Opens Register Applications for Cryptocurrency Exchanges
Live updates: Bitcoin above $86,000 as traders price out an October Fed hike
Cardano's ADA leads gains in narrow range-bound market
Metaplanet sold 10,000 BTC for ¥124.7 billion ($790 million) and bought 11,000 BTC for
Absa Is First Africa Bank With Digital-Asset Custody
Czechia’s Partners Banka Adds Direct Bitcoin Trading
Ethereum Price Holds $2,700 Despite $155M ETF Outflows in 4 Days, Glamsterdam Testnet Nears
OKX and NYSE Owner ICE Plan 24/7 Tokenized Stock Trading Under SEC Exemption
Metaplanet revises capital allocation policy, plans to allocate up to 90% of assets to BTC
Metaplanet plans to keep up to 90% of its assets in Bitcoin after...
BNB Surpasses $800 as Crypto Market Recovery Extends
Bity Exits Brazil: Bitybank Goes To Mercado Bitcoin,…
Metaplanet Acquires 1,000 BTC in Q3, Total Holdings Reach 44,000 BTC
Virtuals Protocol Price Prediction 2026, 2027 – 2030: Will VIRTUAL Price Hit $5?
Zcash NU7 Goes Live on Testnet With 25-Second Blocks, and…
Vivek Ramaswamy’s gubernatorial run lacks the crypto rhetoric of his presidential bid
Q4 2026 Digital Assets Market Outlook
Bitcoin (BTC) Rejected at $87K Again, Cardano (ADA) Soars 11%: Market Watch
Circle and Tether find common ground against MiCA’s bank reserve rules
Plume Launches Tokenized Bond Vault Backed by Fidelity Total Bond ETF Plume has launched nBND, a...
ProCap Financial Sells Bitcoin to Repurchase Shares, Enhancing Shareholder Value
ProCap Financial, a company led by Anthony Pompliano, has sold approximately 50 Bitcoin to fund a share buyback, acquiring its own stock at a discount of about 22% below net asset value (NAV). This transaction, executed on September 16, 2026, is part of a broader strategy that has seen the company reduce its outstanding share count by roughly 12.2% since initiating its repurchase program in December 2025.
The recent sale leaves ProCap with around 5,254 Bitcoin across 84,937,392 outstanding shares, resulting in an estimated NAV per share of approximately $3.62. This move follows a pattern established earlier in September, when the company sold another 50 Bitcoin to repurchase over 2% of its shares at an even steeper discount of around 40% below NAV. In June 2026, ProCap sold about 52 Bitcoin to buy back 2 million shares at a 50% discount, indicating a trend of narrowing discounts with each buyback.
ProCap's management believes that selling small amounts of Bitcoin to retire shares when they trade below NAV increases the Bitcoin-per-share ratio for remaining shareholders. This strategy allows the company to effectively acquire Bitcoin at a discount by repurchasing its own stock. ProCap currently ranks around 20th among public companies in terms of Bitcoin treasury holdings and has a $100 million authorization for further repurchase activities, providing it with the flexibility to continue this approach if market conditions allow.
Source: KLEA News