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CRCL Surges on Bitcoin Rally and IBM Patent Acquisition

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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.

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