Oh, ho ho! The Stablecoin wizards over at Circle Internet Group have done it again! They’ve just 🙌filed an S-1 registration statement for an initial public offering in the US. Can you believe it? An April 1 🗓️filing with the Securities and Exchange Commission (SEC) has revealed this juicy tidbit.
The USD Coin (USDC) issuer is planning to list its Class A common stock on the New York Stock Exchange 🏙️under the symbol “CRCL,” the filing shows. But wait, there’s more! Circle’s prospectus doesn’t give away any secrets about the number of shares to be offered or what the IPO target price will be. Talk about keeping us on our toes!
Now, let’s get down to the nitty-gritty. Circle’s revenue for 2024 was a whopping 💰$1.67 billion, which marks a 16% year-on-year increase. Impressive, right? But hold your horses! Their EBIDTA (Earnings before Interest, Tax, Depreciation, and Amortization) took a nosedive, falling 29% to $284.8 million. 🤔What could this mean?
This story is still unfolding, and we’ll keep you updated as more information rolls in. Stay tuned, dear readers!
Read More
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Gold Rate Forecast
- Batman and Deadpool Unite: Epic DC/Marvel Crossover One-Shots Coming Soon!
- Who was Peter Kwong? Learn as Big Trouble in Little China and The Golden Child Actor Dies at 73
- Netflix’s ‘You’ Season 5 Release Update Has Fans Worried
- Hunter Schafer Rumored to Play Princess Zelda in Live-Action Zelda Movie
- SEGA Confirms Sonic and More for Nintendo Switch 2 Launch Day on June 5
- 30 Best Couple/Wife Swap Movies You Need to See
- Every Fish And Where To Find Them In Tainted Grail: The Fall Of Avalon
2025-04-02 00:50