Circle Share Analysis and NYSE Debut
Circle Share Analysis and NYSE Debut
馃幆 Circle's NYSE Plot Twist
Circle ($CRCL) made its NYSE debut, pricing shares at $31 - higher than the marketed range.
Coinage NFT holder @SeanMFarrell provided analysis on $CRCL's financial outlook:
- Every 25 basis points reduction in reserve rate projected to impact 2026 EBITDA by ~$100M
- Base price target for 2026 set at $58.50 per share
This analysis suggests significant growth potential while acknowledging monetary policy sensitivity.
Amazing analysis on $CRCL from Coinage NFT holder @SeanMFarrell "We estimate that every 25 bps cut in the reserve rate reduces 2026 EBITDA estimates by roughly $100 million dollars, holding all else equal." Base 2026 Price Target: $58.50 a share
We received numerous questions regarding CRCL. That makes sense given it's the most significant crypto IPO since COIN. Below is an excerpt from the report we sent out to clients this week. The tldr was basically: the company has challenging economics, but don't midcurve the
Coinage DAO Completes Third Monthly Token Burn Based on Viewer Engagement
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Companies Shift from Bitcoin to Solana Treasury Strategy
A notable trend is emerging as companies pivot from Bitcoin to Solana for their treasury strategies. VanEck's Matthew Sigel and DeFi Dev Corp's Parker discussed implementing Michael Saylor's corporate treasury playbook using Solana instead of Bitcoin. Key points: - Multiple publicly traded companies now following treasury strategy - Notable adopters include $MSTR, $STRK, $DFDV, $GME, $MTPLF - Saylor addressed this trend in Bitcoin2025 keynote [Watch the full interview](https://www.youtube.com/watch?v=UQCeFdt3oGc)
Circle's IPO Success Raises Questions About Centralized vs Decentralized Stablecoins
Circle ($CRCL), a centralized stablecoin issuer, has achieved remarkable success in its IPO, with shares surging 300% and reaching a $20 billion valuation. The dramatic rise benefits early investors and Coinbase. This success contrasts with Do Kwon's vision: *A decentralized economy needs decentralized money.* - Initial IPO surge: 163% - Additional gain: 16% - Current valuation: $20B+ For detailed analysis: [Watch the full Circle IPO episode](https://www.youtube.com/watch?v=2OW8ywnOb-U)
Rep. Waters Criticizes CLARITY Act at Crypto Infrastructure Hearing
During a crucial House Financial Services Committee hearing on cryptocurrency market infrastructure, Representative Maxine Waters expressed strong criticism of the CLARITY Act. The Committee Chair stated: *The only thing clear about this bill is we need to start over.* The hearing addresses two significant pieces of legislation: - The CLARITY Act - Stablecoin regulation bills This comes as Ethereum leads market movements ahead of these important regulatory discussions. [Watch the full hearing](https://x.com/i/broadcasts/1eaJbWVBLLvxXWe)