ProCap BTC acquired approximately $386 million worth of Bitcoin, 3,724 BTC at an average price of $103,785, as part of its strategic plan to build a balance sheet that supports revenue-generating bitcoin-native financial services.

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ProCap BTC, LLC, a bitcoin-native financial services firm, announced it has acquired 3,724 bitcoin at a time weighted average price of $103,785 per bitcoin, worth approximately $386 million.