Circle and Strategy post different revenue paths despite crypto exposure
- —USDC circulation rose 19% to $73.3 billion by end of Q2 2026
- —Circle revenue hit $701 million (+7%); reserve income was $668 million (+5%)
- —Strategy held 848,517 BTC and $5.3 billion in dollar assets as of Oct. 18
- —Circle raised $100 million selling 1.24 million Class A shares at $80.84
Why it matters: Investors need to separate the drivers: Circle depends on USDC volume and reserve yields, while Strategy hinges on bitcoin prices and financing terms.
Source: TokenPost