{"id":41834,"date":"2025-08-12T22:01:50","date_gmt":"2025-08-12T22:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41834"},"modified":"2025-08-12T22:01:50","modified_gmt":"2025-08-12T22:01:50","slug":"circle-dips-6-after-hours-on-10m-share-secondary-offering","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41834","title":{"rendered":"Circle Dips 6% After Hours on 10M Share Secondary Offering"},"content":{"rendered":"<div>\n<p>Circle (CRCL), the stablecoin issuer firm behind the USDC token, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250812558390\/en\/Circle-Launches-Public-Offering\">announced<\/a> on Tuesday a secondary stock sale of 10 million shares.<\/p>\n<p>The company is offering 2 million of Class A common stock for sale, while selling stockholders are unloading another 8 million, according to an <a href=\"https:\/\/d18rn0p25nwr6d.cloudfront.net\/CIK-0001876042\/8795da7d-acd8-401c-ba94-f063c1249110.pdf\">S-1 filing<\/a> with the U.S. Securities and Exchange Commission (SEC). The underwriter greenshoe option is for another 1.5 million shares.<\/p>\n<p>Circle&#8217;s stock declined 6% in after hours trading to $154. That&#8217;s down nearly 50% from the record high of $299, but still up about five-fold from the IPO price of $31.<\/p>\n<p>The offering comes roughly two months after Circle&#8217;s debut on the New York Stock Exchange, which saw its stock price skyrocket amid investor appetite to gain exposure to the booming stablecoin market.<\/p>\n<p>Earlier on Tuesday, the firm reported $428 million loss for the second quarter of the year.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/12\/circle-unveils-layer-1-blockchain-arc-reports-usd428-million-q2-loss\">Circle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Circle (CRCL), the stablecoin issuer firm behind the USDC token, announced on Tuesday a secondary stock sale of 10 million shares. The company is offering 2 million of Class A common stock for sale, while selling stockholders are unloading another 8 million, according to an S-1 filing with the U.S. Securities and Exchange Commission (SEC). [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41834","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41834"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41834\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}