$CRCL | Circle Internet Q2’25 Summary • Revenue: $658M 🟢 (Est. $644.7M) | +53% YoY • EPS: -$0.18 🔴 (Est. $0.34) → non-cash expenses, largely driven by the IPO; Net Loss -$482M (including $591M IPO-related charges) USDC & Operations • USDC in circulation: $61.3B (+90% YoY) — Aug 10: $65.2B • Avg USDC: $61.0B (+86% YoY) • Market share: 28% (+595 bps YoY) • USDC on platform: $6.0B (+924% YoY) • Meaningful wallets: 5.7M (+68% YoY) Profitability • Adj. EBITDA: $126M (+52% YoY), margin 50% (+463 bps) 🟢 • RLDC: $251M (+38% YoY); margin 38% (-408 bps) → to watch Guidance • USDC growth: ~40% CAGR (multi-year) • FY25 Other Rev: $75–85M | FY25 RLDC margin: 36–38% • FY25 Adj. Opex: $475–490M Strategy / Corporate • $1.2B IPO completed; $583M net cash • Circle Payments Network (May): 100+ institution pipeline • Arc: L1 for stablecoin finance (public testnet fall) • Partnerships: Binance, Corpay, FIS, Fiserv, OKX • GENIUS Act enacted → Federal stablecoin framework in the US CEO – Jeremy Allaire: IPO marks critical turning point for Circle and stablecoin adoption; cross-industry interest accelerates. My comment: Strong outlook: USDC volume & market share accelerating; core profitability (Adj. EBITDA, 50% margin) healthy. Red dot: EPS/Net loss largely a non-cash accounting impact from the IPO; not a sign of operational weakness. 3 key points in focus: (1) Is USDC circulation growth sustainable? (2) Is the RLDC margin reversing from 38%? (3) Actual adoption/integration speed in Payments Network & Arc. Thesis: Regulation clarified with the GENIUS Act + institutional partnerships → Increases revenue visibility in 2H25. Risks: Crypto volume cycle, Tether competition, maintaining OPEX discipline. Not investment advice!!! #CRCL #USDC #Stablecoin #Crypto #Fintech #Earnings #Web3 #Payments #Blockchain

Ether ($ETH) spot ETFs in the US had a record day! 🚀 Yesterday, Ether ETFs saw a net inflow of $1 billion. This was the highest daily investment figure in the history of Ether ETFs. ​Highlights: 🔷​BlackRock's ETHA fund alone generated $640 million in inflows. 🔷​Fidelity's FETH fund received $277 million in investments. ​Meanwhile, Bitcoin ($BTC) spot ETFs closed the day with a net inflow of $178 million. Institutional interest in the cryptocurrency market continues to grow. ​#Crypto #Bitcoin #Ethereum #ETF #Investment #Stock Market #BlackRock #Fidelity

The best explanation of crypto in under 2 minutes—featuring Cardano and Ethereum founder, Charles Hoskinson. #crypto #cryptonews #cryptocurrency #bitcoin #blockchain #podcast #shawnryanshow #changemakersnft #charleshoskinson #cardano

Check out my new song "Scared of Tomorrow" and let me know what you think in the comments ❤️ The future is scary, the present can be painful at times, and it seems "things" can make the pain and anxiety go away but the only thing that can help is being comfortable with yourself, and truly believing you can do anything. https://audius.co/Hatty/scared-of-tomorrow "Am I weak if I need help for the pain?" - Scared of Tomorrow I wanted to thank everyone for coming over to my Discord. I had to cancel streams because I need to focus on getting a job and creating videos. I am still going to be doing Giveaways for my videos and I plan on starting some for my music as well. Also you get rewards for hanging out, you can not beat that (there is actually a giveaway going on right now 🙊). I do plan on doing streams in the future though. I have not given up. Just realized I need to change things up a little. Need time to think and organize something that will work for the long term. As time goes on I will talk more about this but for now going to work on getting my money up and being able to invest into Learn With Hatty. Right now I am working on adding Mr Grey to my videos. He is an animated Cat that talks about the topic I am discussing and shares important information. New video should be dropping in the next couple of days. Mr Grey is coming alive!!! X - https://x.com/hatty_hats Twitch - https://www.twitch.tv/hattyhatss Discord - https://discord.gg/UQqFRgzCkG YouTube - https://www.youtube.com/@hattyhats0 To the Future everyone ❤️🙏

🧠 $BMNR | The art of Ethereum accumulation, or a strategy lesson? 🔹 July 29: 625K $ETH purchased, avg: $3,755 🔹 August 4: Position increased to 833K ETH, avg cost $3,492 🔹 Was the new 208K ETH purchased at an average price of $2,702? ❗️Yet, spot ETH never fell below $3,380 during this period. ➡️So how did BMNR buy at such a low price? Answer: Could be forward agreements or structured derivatives contracts. ETH was around $2,500 during the "big bang" announcement at the end of June. Call rights were likely created at that time and are now being activated. This may be the reason for the recent surge in the stock: Investors are waking up to this strategic buying. If ETH additions continue at this rate, BMNR will be one of the few companies collecting below the spot price. Tommy L and his team may be making a very smart play. #ETH #Ethereum #BMNR #CryptoStocks #Blockchain #InvestmentStrategy #SmartMoney

If you see ethical issues in a company's governance, you'll stay away from it. SMCI, initially shaken by accounting scandals, yesterday lowered its 2026 revenue forecast from $40 billion to $33 billion. SMCI had presented such an ambitious target to recover from the accounting scandal. Today, we understand it was a fabrication. It's a great stock to trade, but it's definitely not an investment stock.

Thanks for joining me in last nights stream everyone! I am still getting used to the structure of the Talk With Hatty stream but it is slowly coming to together. I will add more into it as time goes on to make it more interesting. Tomorrow at 8:30pm EST is Marbles for Cardano! The reward is going to be $HOSKY ! My next video is going to be about a project called NightSwap. The first DEX to use the Midnight Network. You should always DYOR but this video will give you an idea of what it is, how it works, and why I am keeping a close eye on it. I should be posting in the next couple of days.

Only three blockchains are recognized as "Mature" by the Clarity Act! Cardano, Bitcoin and Ethereum. #changemakersnft #cardano #bitcoin #ethereum #crypto #blockchain

earn With Hatty live stream tonight at 8:30pm (EST)! I have something special planned for tonight 💪 I hope to see you there! Join my Discord to earn Rewards during my streams. Twitch - https://www.twitch.tv/hattyhatss Discord - https://discord.gg/UQqFRgzCkG

As a Founding Member, you’ll steer Cowboy DAO’s DeFi & biz investments with a fellowship mindset. Learn, motivate, & grow together, building our ranch from day one! Join yield farming, staking, & blockchain ventures, plus epic IRL events. Saddle up & shape the band!

Tonights Cardano marbles stream is going to be a little different. We are going to try something new. I planned on doing a test stream to try some Discord games where the viewers can go against each other for the chance to win ADA over the weekend, so we could test this out without messing up the Marbles streams but life had other plans. Join my Discord to be able to claim rewards. Discord - https://discord.gg/UQqFRgzCkG Twitch - https://www.twitch.tv/hattyhatss So tonight's stream we are going to test some Discord games out and I will be giving out Crypto to everyone who joins and helps me figure out how we can do this. Rewards will be ADA and HOSKY tonight. I will be streaming the same time as normal (8:30pm EST) just switching things up tonight a little. See you tonight!

Tomorrow night is another Marbles for @Cardano The reward will be $SNEK. I have something new planned for this stream as well that we are going to test out. We will be doing random Trivia throughout the stream during the races. Whoever answers first wins some $ADA! Working on some more ideas as well to keep the stream going. If you have not joined my Discord yet then click the link below. Become a Hatty OG to earn from the streams and join Hatty’s Top OGs to take part in giveaways. Discord - https://discord.gg/UQqFRgzCkG Twitch - https://twitch.tv/hattyhatss To participate in Rewards you need to join my Discord and verify. Stream schedule: 8:30pm EST Monday - Marbles for $SNEK Wednesday - Marbles for $HOSKY Friday - Marbles for $ADA Remember you always WIN with Hatty!