Crypto exchange Gemini has announced its plan to go public following Circle's successful IPO. The company has filed a draft registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering. This move comes amid soaring shares of Circle after their debut on the New York Stock Exchange, where its stock, CRCL, reached significant highs soon after trading began. Analysts have cautioned investors against buying now, suggesting they should wait until the lockup period ends post-IPO to better gauge the stock's performance. Meanwhile, Strategy, formerly MicroStrategy, has expanded its offering of perpetual Stride preferred stock to $1 billion, promising a 10% yield for investors and intent on boosting its Bitcoin holdings. This development signifies a strong drive within the crypto community to leverage public offerings to enhance liquidity and investment opportunities in the burgeoning market.

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