Circle holds $133 million in digital assets; details of ARC sale and financing disclosed.

According to filings with the U.S. Securities and Exchange Commission, as of September 30, Circle's total fair value of digital assets was approximately $133 million. The holdings included approximately 380 million Canton Coins (worth approximately $47.99 million), approximately 504,000 HYPE (worth approximately $45.88 million), 77 BTC (worth approximately $6.39 million, including approximately $3.3 million in cirBTC), approximately 4.1 million SUI (worth approximately $4.77 million), and 1,728 ETH (worth approximately $4.64 million), with remaining assets valued at approximately $23.7 million. HYPE holdings have increased more than fivefold since the end of last year. Circle sold 807.5 million ARC tokens at $0.30 each in the second quarter, raising approximately $242.2 million, about $20 million more than the previously reported $222 million. Of this, $181.8 million was recognized as revenue in the third quarter. An entity affiliated with IDG Capital purchased 83.3 million ARC tokens at the same price on May 8th, amounting to $25 million. In addition, Binance's $100 million equity investment in Circle was paid in USDC, for which Circle privately issued approximately 1.237 million Class A ordinary shares.