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Why Cathie Wood Just Dropped $17M on Circle (CRCL) Stock After Earnings

CoinCentral·August 8, 2026·1 min read
Why Cathie Wood Just Dropped $17M on Circle (CRCL) Stock After Earnings

Ark Invest bought 273,343 Circle shares worth $17.3 million on Aug. 5. Circle reported Q2 revenue of $701 million, up 7% year-over-year. USDC circulation hit $73.3 billion, a 19% annual increase. On-chain transaction volume surged 151% to $14.8 trillion year-over-year. Circle stock closed nearly flat at $63.28.

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