Cathie Wood’s ARK Invest Makes Major Bet on Beleaguered Circle Shares
27.11.2025 - 07:01:04Circle US1725731079
While U.S. markets observed the Thanksgiving holiday, Circle Internet Group captured investor attention through significant institutional activity. The fintech company’s equity, which has plummeted 76% since its June market debut, is showing unexpected signs of life. This resurgence follows substantial purchases by renowned investor Cathie Wood’s firm, raising questions about whether ARK Invest could potentially trigger a reversal in the stock’s fortunes.
Market sentiment appears disconnected from Circle’s operational performance. The company delivered impressive third-quarter results, including $740 million in revenue representing 66% growth, alongside $166 million in adjusted EBITDA. Perhaps most notably, the circulation of USDC stablecoin more than doubled to reach $73.7 billion. Despite these strong metrics, the market Read more...
