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BTCC / BTCC Square / Global Cryptocurrency /
Circle Announces Secondary Stock Sale at Premium Pricing

Circle Announces Secondary Stock Sale at Premium Pricing

Author:
Global Cryptocurrency
Published:
2025-08-15 10:10:02
11
2
BTCCSquare news:

Circle (CRCL), the issuer of USDC stablecoin, plans to offer 10 million Class A shares at $130 each in a secondary sale—a 319% premium to its June IPO price of $31. The company will sell 2 million shares directly, with existing shareholders offloading 8 million. Proceeds will fund general corporate operations, though Circle receives no benefit from the shareholder sales.

The stock debuted strongly in June, peaking at $298.99 before settling at $139.23 Thursday. Pre-market trading shows a 1.63% dip to $136.98. This capital raise follows USDC's resurgence as institutional demand for regulated stablecoins grows amid tightening crypto compliance standards.

|Square

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