#Over 100 Companies Hold Over 830,000 BTC#
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Ark fully liquidated Circle stocks, making a profit of 387% in two weeks.
Ark Invest ( sold all shares of Circle stock yesterday (6/16), totaling 342,658 shares, calculating a total cash out of 51.74 million USD at the closing price of 151 USD on 6/16. If we consider the IPO cost of 31 USD, they made a profit of 41.11 million USD in less than two weeks, achieving a return on investment of 387%.
Here’s what moves Cathie Wood and Ark Invest made in the stock market today 6/16 pic.twitter.com/nZjrl7hCgW
— Ark Invest Daily )@ArkkDaily( June 17, 2025
Ark fully liquidated Circle holdings, achieving a return rate of up to 387%.
Ark liquidated its holdings in Circle through its three funds on 6/16, with the details as follows:
ARKK: Sold 196,367 shares
ARKW: Sold 92,310 shares
ARKF: Sold 53,981 shares
If calculated based on the Closing Price of 151 USD on 6/16, a total of 51.74 million USD was realized. If the cost of the IP was 31 USD, a profit of 41.11 million USD was earned in less than two weeks, with a return on investment as high as 387%.
Then check the detailed holdings on their website, these three funds no longer have any holdings in Circle, which can be said to be completely liquidated.
Circle has risen by 118% since its listing, and the P/E ratio has reached 218.
The US stablecoin giant Circle officially went public on June 5, with an issue price of $31 per share. After opening at $69.5, the stock price surged all the way up, reaching a closing price of $151.06 on June 16. Its explosive debut has injected a dose of cryptocurrency adrenaline into the US IPO market.
However, IPOs are usually only open to professional investors. Retail investors can only buy directly in the secondary market on the listing day. On that day, Circle matched at a price of $69.5, indicating that even if investors buy directly at market price at the opening, their cost would be at least $69.5 or more. To date, the return rate has reached as high as 118%.
If Ark purchased at an IPO price of $31, the return on investment would be as high as 387%. Previously, Chain News also analyzed Circle's full-year financial report submitted for 2024, noting that its P/E ratio has reached 218.
(Circle officially listed tonight, is the IPO price of 31 USD worth chasing? )
This article discusses Ark's complete liquidation of Circle stocks, making a profit of 387% within two weeks. It first appeared on Chain News ABMedia.