Circle Internet Group, Inc. announced on June 11, 2025, that the underwriters of its initial public offering fully exercised their option to purchase an additional 5,100,000 shares of Class A common stock. This exercise, also known as the greenshoe option, indicates strong investor confidence and demand for Circle's shares following its market debut.
The issuance of these additional shares brought the total gross proceeds from the initial public offering to Circle and the selling stockholders to approximately $1.2 billion. This capital infusion provides significant financial resources for the company's strategic initiatives and ongoing operations. The offering was led by J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC as joint lead active bookrunners.
The full exercise of the over-allotment option underscores the robust market reception to Circle's IPO. It reflects continued investor interest in the stablecoin market leader and its mission to build a global financial technology firm enabling digital currency use for payments and commerce worldwide.
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