Protos|Jun 23, 2025 12:05
📉 THE COSTLY CRCL SELLOFF
Circle execs and VCs sold 270M worth of shares at the IPO price of 29.30. Just weeks later, those same shares hit 240.28.
Their costly market misread? A staggering 1.9 BILLION in missed profits.
Here’s how the money evaporated... 🧵
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