CRCL Surges on Bitcoin Rally and IBM Patent Acquisition
Circle Internet Group Inc., trading under the ticker CRCL, saw its shares surge by over 9% after Bitcoin broke through the $70,000 mark.
The rally was fueled by a favorable policy signal from a Trump meeting with crypto executives and a strong bid in crypto-linked equities.
Additionally, Circle Internet acquired a large portion of IBM's global blockchain patent portfolio, including over 680 patent families and nearly 1,000 issued patents.