Jeff Park voluntarily resigned as Chief Investment Officer of ProCap Financial (BRR) effective April 3, 2026, according to an SEC filing.
The departure ends an eight-month stint at the Bitcoin finance company founded by Anthony Pompliano. ProCap has not named a successor.
What SEC filings reveal
The 8-K filing states Park’s departure is voluntary and unrelated to any disagreements with the ProCap board regarding operations, policies or practices. Mr. Park also resigned from his positions at all subsidiaries.
Today, I resigned as ProCap’s CIO.
The first day looks like something is going to happen next.
See you soon.
— Jeff Park (@dgt10011) April 4, 2026
His separation agreement, dated April 3, includes continued salary until May 8, 2026 and continued vesting of restricted stock units through August 2026.
ProCap also covers up to six months of group health insurance.
However, one detail stands out. The company completely waived Park’s non-compete clause.
He is still bound by confidentiality, non-solicitation and non-honour clauses.
Park’s role in ProCap
Mr. Park joined ProCap in mid-2025 after serving as Head of Alpha Strategy at Bitwise Asset Management. Pompliano hired him to lead the firm’s investment strategy and portfolio construction focused on Bitcoin.
ProCap accumulated approximately 5,457 funds during his tenure. $BTC And it carried out share buybacks to narrow the permanent discount to net asset value. The company ranks 19th among publicly traded companies that hold Bitcoin.
Mr. Park also personally purchased BRR stock in December 2025.
He has become a vocal proponent of what he calls “radical portfolio theory,” arguing that a large allocation of Bitcoin should replace the traditional 60/40 portfolio model.
This framework has shaped much of ProCap’s public investment theory.
what happens next
ProCap has raised more than $750 million through a SPAC merger and continues to pursue Bitcoin accumulation alongside financial services for retail investors.
Today I’m announcing a $1 billion merger to create ProCap Financial, a Bitcoin-native financial services company.
Upon completion of the proposed business combination with my privately held company, ProCap, the company will be listed on the Nasdaq. $BTCLLC and Columbus Circle…
— Anthony Pompliano 🌪 (@APompliano) June 23, 2025
Without a named CIO, the direction of the company’s investments will fall more directly to Mr. Pompliano.
Park’s non-compete exemption opens the door to competitors and new businesses. His next step has not yet been announced.
