ProCap Financial (BRR) Company Report

Analyst Coverage

Research analysts covering ProCap Financial.

Recent press releases and 8-K filings for BRR.

ProCap Financial Increases Bitcoin Holdings and Completes Business Combination

BRR

New Projects/Investments

M&A

ProCap Financial increased its total Bitcoin holdings to 5,000 bitcoin and maintains more than $175 million in cash after the transaction, leveraging a tax-conscious optimization strategy.
The company's strategy is to maximize long-term Bitcoin accumulation.
ProCap Financial's common stock and warrants commenced trading on Nasdaq on December 8, 2025, under the symbols BRR and BRRWW, following the closing of its Business Combination on December 5, 2025.
As of September 30, 2025, ProCap BTC, LLC reported digital assets of $565,404,018 and a net income of $100,429,810 for the period from June 10, 2025, through September 30, 2025.
The unaudited pro forma combined total assets for ProCap Financial were $801,597,363 as of September 30, 2025.

Dec 11, 2025, 10:27 PM

ProCap Financial, Inc. Completes Business Combination and Nasdaq Listing

BRR

M&A

Convertible Preferred Issuance

ProCap BTC and Columbus Circle Capital Corp I completed their Business Combination on December 5, 2025.
The combined company will operate as ProCap Financial, Inc. and is set to begin trading on the Nasdaq Global Market under the symbol "BRR" on December 8, 2025.
Anthony Pompliano serves as the Chief Executive Officer of ProCap Financial.
ProCap Financial, a modern financial services firm founded in 2025, has raised over $750 million from leading investors.

Dec 5, 2025, 9:16 PM

ProCap Financial Announces "Moonshot" Performance-Based Compensation Structure Following Business Combination Approval

BRR

Executive Compensation

M&A

Proxy Vote Outcomes

ProCap Financial, Inc. has adopted a "moonshot" compensation structure for its CEO, Board of Directors, and founding equity, effective after the anticipated closing of its business combination with Columbus Circle Capital Corp I (BRR) on or about December 5, 2025.
CEO Anthony Pompliano will receive a $1 annual salary, with 100% of his equity compensation vesting only if the company's stock price reaches $15 per share and incrementally up to $50 per share.
The Board of Directors' equity compensation is also 100% performance-based, vesting from $12.50 per share up to $20 per share.
Founding equity, including 8,333,333 shares for the Sponsor and 9,500,000 shares for the Seller, will vest upon the Pubco Common Stock reaching $10.21 per share or Bitcoin's volume-weighted average price (VWAP) exceeding $140,000, or after two years if other conditions are not met.

Dec 5, 2025, 2:27 PM

BRR Shareholders Approve Business Combination with ProCap BTC

BRR

M&A

Proxy Vote Outcomes

Columbus Circle Capital Corp I (BRR) shareholders approved the proposed business combination with ProCap BTC at an extraordinary general meeting held on December 3, 2025.
The Business Combination is expected to close on or about Friday, December 5, 2025.
Following the closing, the combined public company will be named ProCap Financial, Inc., and its common stock is expected to continue trading on the Nasdaq Global Market under the symbol "BRR".
The Business Combination Proposal received 19,429,420 votes FOR, 7,194,713 AGAINST, and 9,961 ABSTENTIONS.

Dec 4, 2025, 1:10 AM

ProCap Financial Files S-4 for Business Combination with Columbus Circle Capital Corp I, Reports Bitcoin Gains, and Appoints New Executives

BRR

M&A

Management Change

New Projects/Investments

ProCap Financial, the entity resulting from the proposed business combination with Columbus Circle Capital Corp I (BRR), publicly filed a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) on September 18, 2025.
ProCap BTC's strategic purchase of approximately 4,950 Bitcoin at an average price of $104,333.56 has resulted in over $60 million in unrealized gains as the Bitcoin price reached approximately $117,619.71 by September 17, 2025.
BRR shareholders who hold their shares through the close of the Business Combination are eligible to receive additional shares of ProCap Financial if the Bitcoin price at closing exceeds the initial signing price.
ProCap BTC expanded its executive team with the appointments of Megan Pacchia as Chief Operating Officer, Kyle Wood as Chief Legal and Compliance Officer, and Jeff Park as Chief Investment Officer.

Sep 18, 2025, 10:03 PM

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