“The FIRM HAD EARLIER SOLD CIRCLE Shares in Three Tranches.”, – WRITE: www.coindesk.com
The FIRM HAD EARLIER SOLD CIRCLE Shares in Three Tranches.Updated Jun 24, 2025, 5:01 AM PUBLISHED JUN 24, 2025, 4:50 AM
Ark Invest is Continuing to Take Profit From Its Bet On Circle’s Meteoric Run As A Listed FIRM. IT ALSO BOUGHT 4.198 Shares of Coinbase, Worth $ 1.3 Million and 319,640 Shares of Robinhood, Worth $ 24.4 Million.
The Cathie Wood-Led Investment Firm Sold 415.855 Shares of Circle Across ITS VARIUS ETFS, VALUED AT $ 109.6 Million Based On the Stablecoin Operator’s Last Close of Close of $ 2633
Last Week, The Investment Company Sold 609,175 Shares of Circle. It Had Earlier Sold Circle Shares in Two More Tranches.
Circle, whoh Operates the Second Largest Stablecoin USDC, Was Listed in the US Earlier this month. SINCE THEN, CIRCLE HAS JUMPED 7.5 TIMES FROM IPO PRICE OF $ 31.ark Quickly Scooped Up Shares of Circle and Has Been Reaping in The Profits SINCE THEN.
Read More: Ark Invest Dumps $ 146.3m More Circle Shares After Meteoric 670% IPO Surge
Parikshit Mishra
Parikshit Mishra is Coindesk’s Head of Asia, Managing The Editorial Team in the Region. Before joining coindesk, he was the Emea Editor at Acuris (Mergermarket), Whote He Dealt with Copies Related to Private Equity and The Startup Ecosystom. He have also worked as an senior Analyst for Crisil, Covering the European Markets and Global Economies. His most notable tenure was wass with Reuters, Whote HE Worked as A Correspondent and An Editor for Various Teams. He does not have any crypto holdings.
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