{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-039749","form_type":"8-K","ticker":"CRCL","cik":"0001876042","company_name":"Circle Internet Group, Inc.","filed_at":"2025-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.478948+00:00","generated_at":"2026-05-17T14:53:25.911479+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Circle reports Q2 revenue + reserve income up 53% to $658M, adjusted EBITDA up 52% to $126M","bullets":["Total revenue and reserve income $658M (+53% YoY); net loss $482M due to $591M IPO-related non-cash charges (stock comp $424M).","Adjusted EBITDA $126M (+52% YoY), margin 50% (up 463 bps).","USDC in circulation $61.3B (+90% YoY); further grew to $65.2B as of Aug 10, 2025.","Completed $1.2B IPO in June, selling 39.1M shares at $31; net proceeds $583M.","Launched Circle Payments Network and Arc Layer-1 blockchain; partnerships with Binance, Corpay, FIS, Fiserv, OKX."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-039749","json":"https://secwatch.observer/filing/0001628280-25-039749.json","markdown":"https://secwatch.observer/filing/0001628280-25-039749.md","text":"https://secwatch.observer/filing/0001628280-25-039749.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1876042/000162828025039749/0001628280-25-039749-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1876042/000162828025039749/crcl-20250812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:53:25.911479+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}