Violent Ride for Circle (Patreon)

It was mad - first entering the SL, then seeing the extreme Mean Reversion Spike up to nearly 2 standard deviations today - all time high was my signal to hedge. THe options pricing was insane meaning I could not resist. As I said earlier I am now in this position for a massive credit. Stealing candy from a baby - not that I would ever do that.

Now the crazy part is this - in after hours

Circle’s 10 Million Share Offering

On August 12, 2025, Circle said it will sell 10 million shares of its Class A common stock to the public.

This sale is a secondary offering, which means:

• Circle itself will sell 2 million shares — bringing in new money for the company.

• Existing shareholders (like early investors or insiders) will sell the other 8 million shares — they get the money from these sales, not the company.

The banks helping with the sale (J.P. Morgan, Citigroup, and Goldman Sachs) can buy up to 1.5 million extra shares within 30 days if demand is high.

The sale depends on market conditions and U.S. SEC approval — the required paperwork has been filed but isn’t final yet.

Circle hasn’t said the price yet, but such sales are usually priced below the current stock price to attract buyers.

Stock is down in After Hours... we went from 190 back to square one in less than a day

Funny I told Sanjay to wait for $155 and here we are... he missed the SL entry.