Group 1 - Circle's stock price fell over 6% after announcing a plan to sell 10 million shares, including 2 million new shares and 8 million from existing shareholders, aiming to raise $1.63 billion at a closing price of $163.21 [1][3] - The timing of the stock issuance raised market concerns, as it followed a strong Q2 earnings report showing a 53% year-over-year revenue increase to $658 million and a 90% increase in USDC circulation to $61.3 billion [3][4] - The issuance is seen as increasing the supply of circulating shares, potentially leading to investor worries about insiders cashing out [3] Group 2 - The signing of the GENIUS Act has established a federal regulatory framework for stablecoins, which is a significant benefit for Circle's long-term compliance status [4] - Despite the improved regulatory environment, Circle acknowledged facing challenges such as intensified competition in yield-generating digital assets, potential stablecoin run risks, technology disruption risks, and an evolving regulatory landscape [4]
财报后宣布“股份出售”，“稳定币第一股”Circle盘后大跌6%
Hua Er Jie Jian Wen·2025-08-13 00:43