W6 — CRCL 2026 calendar: CLARITY May 14 markup and Q2 earnings
CRCL 2026 calendar: the May 14 Senate Banking markup is the hinge. CLARITY Act, quarterly earnings, ownership, lockups, and RSU vesting in eight pivots.
W3 — Circle financial statements decoded: 64% growth, $70M GAAP loss
Circle financial statements — FY2025 revenue jumped 64% to $2.74B and adjusted EBITDA doubled to $582M, yet GAAP net loss hit $70M. Decoding the IPO one-off behind the gap.