Ark Invest sells Circle shares for a profit of $51.7 million

Gate News bot message, according to TheBlock, Ark Invest managed by Cathie Wood sold 342,658 shares of Circle (CRCL) on Monday, with a total transaction amount of 51.7 million USD. When the transaction occurred, the CRCL stock price reached a historical high of 151.06 USD, nearly 5 times the IPO issuance price of 31 USD.

Circle, as the issuer of the USDC stablecoin, has recently gained investor attention mainly due to the growth of USDC business and the positive news brought by the GENIUS Act.

Original link

ARK-2.38%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)