Company: CRCL
Filing Date: 2025-02-13
Form Type: DRS/A
Source: 0000950123-25-001965
Chunk: 152

Company: Circle Internet Group, Inc.
Filing Date: 2025-02-13
Form: DRS/A
Chunk 152
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 31, 2023, . Prepaid expenses and other
current assets increased by $48.8 million, or 49.9%, as of December 31, 2023, compared to December 31, 2022, primarily due to a $21.5 million increase in the reserve income receivable.

Non-currentassets

Investments.Investments by $ million, or %, as of December 31, 2024, compared to
December 31, 2023, . Investments increased by $22.6 million, or 42.4%, as of December 31, 2023, compared to December 31, 2022, primarily due to a $25.4 million increase in strategic investments, partially
offset by a $2.9 million decrease in the investment in Centre as a result of its acquisition.

Intangible assets, net. Intangible assets, net
by $ million, or %, as of December 31, 2024, compared to December 31, 2023, . Refer to Note 7 to the consolidated financial statements
included elsewhere in this prospectus for additional details. Intangible assets, net increased by $279.5 million, or 583.5%, as of December 31, 2023, compared to December 31, 2022, primarily due to a $266.7 million increase in acquired
intangible assets as a result of the Centre Acquisition during the year ended December 31, 2023. Refer to Note 7 to the consolidated financial statements included elsewhere in this prospectus for additional details.

Digital assets. Digital assets by $ million, or %, as of December 31, 2024
compared to December 31, 2023, . Refer to Note 8 to the consolidated financial statements included elsewhere in this prospectus for the composition of Digital assets. Digital assets decreased by $6.0 million, or
34.7%, as of December 31, 2023 compared to December 31, 2022, primarily due to a $13.9 million sale of corporate digital assets, partially offset by an addition of $7.7 million corporate digital assets acquired during the year ended
December 31, 2023. Refer to Note 8 to the consolidated financial statements included elsewhere in this prospectus for the composition of Digital assets.

Current liabilities

Accounts payable and accrued expenses.Accounts payable and accrued expenses by $ million, or %, as