Q3-25 Earnings: Circle's Valuation & Revenue Concentration Problems

Prior to Circle Internet Group ( CRCL ) publicly listing back in June, I initiated coverage of the company's stock with a 'hold' rating. To briefly summarize my general thinking on the stock from that first article, I'm genuinelyFormer media research analyst. Main coverage areas are crypto, BTC miners, metal, and media equities. I'm not an investment advisor. I just share what I do with my own capital and why. Outside of Seeking Alpha, I also write the Heretic Speculator newsletter over at Substack.Analyst’ ...