Crypto influencer and investor Anthony Pompliano's Bitcoin treasury company said Monday it has purchased 450 BTC as it steps up efforts to buyback its own shares.

"We are doing two things at the same time: buying Bitcoin to average down our total cost basis and buying back our own stock when the market misprices it," said Pompliano, who serves as both chairman and CEO of his digital asset treasury ProCap Financial. "Both actions are accretive to our shareholders. Our disciplined approach to our balance sheet has put us in a position to play offense now that Bitcoin has significantly fallen from the all-time high."$BTC ‌