ProCap Financial, Inc. (BRR)Financial Services | Capital Markets | New York, United States | NasdaqGM
2.22 USD
+0.06
(2.778%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 2.15 -0.07 (-0.070%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:58 a.m. EDT
The investment case for ProCap Financial is fundamentally broken. The company is hemorrhaging cash, with operating cash flow at -$11 million against a tiny revenue base of $86,000, while carrying $92.7 million in debt. The valuation metrics are nonsensical, trading at 2,209x sales and 3,040x enterprise revenue, suggesting the market has already priced in a total loss of equity value. Although the company recently executed a buyback using Bitcoin proceeds, the underlying business is generating negative margins and destroying capital. The options chain confirms this pessimism, with traders aggressively buying downside protection while ignoring upside potential. There is no catalyst for recovery visible in the data; the balance sheet is impaired, earnings are non-existent, and the statistical models predict flat-to-negative movement. This is a speculative trap disguised as a distressed opportunity. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.084822 |
| MSTL | 0.101047 |
| AutoTheta | 0.190400 |
| AutoARIMA | 0.190842 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.09 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.459 |
| Excess Kurtosis | -0.81 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 30.194 |
| Revenue per Share | 0.001 |
| Market Cap | 196,180,464 |
| Previous Name | Columbus Circle Capital Corp I |
| Website | https://www.procapfinancial.com |
As of Aug. 22, 2026, 4:58 a.m. EDT: Speculators are positioning for a sharp decline, evidenced by massive open interest in out-of-the-money puts (strikes $1.00-$1.50) expiring in late August and early September, which account for nearly all volume in those windows. Conversely, call activity is negligible and concentrated in deep out-of-the-money strikes ($4.00-$5.00) for later months, indicating a lack of near-term bullish conviction despite the company's recent buyback activity.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.78740156 |
| Address1 | 600 Lexington Ave., Floor 2 |
| All Time High | 16.25 |
| All Time Low | 1.31 |
| Ask | 2.24 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 927,910 |
| Average Daily Volume3 Month | 870,201 |
| Average Volume | 870,201 |
| Average Volume10Days | 927,910 |
| Bid | 1.3 |
| Bid Size | 2 |
| Book Value | 3.741 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.22 |
| Current Ratio | 13.024 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 2.25 |
| Day Low | 2.155 |
| Debt To Equity | 30.194 |
| Display Name | ProCap Financial |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 3,113.828 |
| Enterprise Value | 267,789,216 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.7759 |
| Fifty Day Average Change | 0.44410002 |
| Fifty Day Average Change Percent | 0.2500704 |
| Fifty Two Week Change Percent | -78.74016 |
| Fifty Two Week High | 10.57 |
| Fifty Two Week High Change | -8.349999 |
| Fifty Two Week High Change Percent | -0.7899716 |
| Fifty Two Week Low | 1.31 |
| Fifty Two Week Low Change | 0.9100001 |
| Fifty Two Week Low Change Percent | 0.6946566 |
| Fifty Two Week Range | 1.31 - 10.57 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,749,475,800,000 |
| Float Shares | 74,687,834 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 5 |
| Fullday Change | 0.0599999 |
| Fullday Change Percent | 2.77778 |
| Fullday Price | 2.15 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 86,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.20005 |
| Held Percent Institutions | 0.29402 |
| Implied Shares Outstanding | 88,369,575 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | ProCap Financial, Inc. operates as a bitcoin-native financial services company. The company was incorporated in 2025 and is based in New York, New York. |
| Long Name | ProCap Financial, Inc. |
| Market | us_market |
| Market Cap | 196,180,464 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1949701178 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | -136,821,920 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 191,320,129 |
| Open | 2.16 |
| Operating Cashflow | -11,343,423 |
| Operating Margins | -7,598.0 |
| Post Market Change | -0.06999993 |
| Post Market Change Percent | -3.15315 |
| Post Market Price | 2.15 |
| Post Market Time | 1,787,959,804 |
| Prev Name | Columbus Circle Capital Corp I |
| Previous Close | 2.16 |
| Price Hint | 4 |
| Price To Book | 0.59342426 |
| Price To Sales Trailing12 Months | 2,281.1682 |
| Profit Margins | 0.0 |
| Quick Ratio | 12.259 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0599999 |
| Regular Market Change Percent | 2.77778 |
| Regular Market Day High | 2.25 |
| Regular Market Day Low | 2.155 |
| Regular Market Day Range | 2.155 - 2.25 |
| Regular Market Open | 2.16 |
| Regular Market Previous Close | 2.16 |
| Regular Market Price | 2.22 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 533,589 |
| Revenue Per Share | 0.001 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 88,369,575 |
| Shares Percent Shares Out | 0.019199999 |
| Shares Short | 1,695,142 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 1,817,173 |
| Short Name | ProCap Financial, Inc. |
| Short Percent Of Float | 0.0222 |
| Short Ratio | 2.55 |
| Source Interval | 15 |
| State | NY |
| Symbol | BRR |
| Total Cash | 25,964,000 |
| Total Cash Per Share | 0.287 |
| Total Debt | 92,680,000 |
| Total Revenue | 86,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.914525 |
| Two Hundred Day Average Change | -0.694525 |
| Two Hundred Day Average Change Percent | -0.23829783 |
| Type Disp | Equity |
| Volume | 533,589 |
| Website | https://www.procapfinancial.com |
| Zip | 10,022 |