ProCap net loss totals $107.76 million in Q1 FY26; revenue at $1,000

• ProCap Financial posted a net loss of $107.76 million for quarter ended March 31, 2026, with operating loss at $7.6 million.
• Revenue was $1, while other expense, net totaled $99.97 million on a $105.47 million fair-value loss on digital assets.
• Cash and cash equivalents were $25.96 million at quarter-end, while Bitcoin holdings totaled 5,457 with fair value of $372.28 million.
• Convertible Notes repurchase cut outstanding principal to about $99.6 million after paying $119.15 million to retire $135.4 million in principal, booking a $5.93 million gain on debt extinguishment.
• Share buybacks totaled $8 million for 2,667,056 shares at $3 per share, with $89 million remaining under the $100 million authorization; CFO Silvia acquisition closed April 6, 2026 with 7.5 million shares issued at closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProCap Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023070), on May 14, 2026, and is solely responsible for the information contained therein.