03/02/2026 | Press release | Distributed by Public on 03/02/2026 05:02
Item 2.01 Completion of Acquisition or Disposition of Assets.
On February 27, 2026, ProCap Financial, Inc. (the "Company") acquired an aggregate of 450 Bitcoin upon assignment of previously entered into put option contracts (the "Option Contracts"). The Option Contracts were entered into with FalconX Bravo, Inc. as the counterparty on January 5, 2026 and January 20, 2026, in the ordinary course of its business. The aggregate net capital utilized in connection with the Option Contracts was approximately $35,422,500, and was sourced from the Company's working capital account.