Circle is currently valued at $55B enterprise value. That implies on 2025 numbers: - 58.1x Gross Profit. - 125.2x EBITDA - 163.7x Net Income I added Circle Payment Network as a revenue line item - $570b+ B2B Payment Volume in 2029 - 20% of volume goes to CPN - 0.10% of take https://t.co/3iKsNGH0ME