Gemini, a cryptocurrency exchange, has announced its plan to go public, filing a draft registration statement with the U.S. Securities and Exchange Commission. This move comes shortly after Circle, the issuer of USDC, had a successful IPO, leading to heightened interest in crypto-related public offerings. Analysts suggest that potential investors should hold off on buying shares of Circle until after a typical lockup period expires, which often comes post-IPO when early investors can sell their shares. In parallel, Strategy, formerly MicroStrategy, has upsized its offering of perpetual Stride preferred stock to $1 billion, aimed at bolstering its Bitcoin acquisitions. The shares will provide a 10% yield, appealing to investors seeking regular returns while allowing Strategy to expand its Bitcoin treasury amid ongoing market volatility. Market responses have shown a rise in mining stock values alongside Bitcoin's recovery, highlighting the interconnected nature of the crypto ecosystem.

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