$GEMI

Gemini Space Station (GEMI) reported 37% revenue growth in Q2 2026, driven by a 231% increase in card revenue and staking services, while exchange revenue fell 38%. The company, founded by the Winklevoss brothers, has diversified into credit cards, staking, and stock trading. Despite improving operating losses, GEMI faces challenges like a $16.1 million credit loss provision and reduced cash reserves. The company's revenue grew 14.8% year-over-year over the past three years.

Gemini Space Station registered up to 7,142,857 Class A shares for potential resale by an investor, according to a prospectus supplement. The sale is optional, and a Nevada legal opinion on the shares' validity is included. The filing was made under SEC registration no. 333-299242.

Gemini Space Station, Inc. (GEMI) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On October 14, 2026, Gemini Space Station, Inc. (the “Company”) filed a prospectus supplement (the “Prospectus Supplement”) to the Company’s registration statement on Form S-3 (Registration No. 333-299242) with the Securities and Exchange Commission, regis

Cardano founder Charles Hoskinson predicts Midnight will surpass Zcash, citing its features. He urges Gemini to list ADA, estimating its absence cost $70M in revenue. Midnight's market cap is $774M vs. Zcash's $20B. ADA trades 93% below its high. Gemini shares are at $4.42.

Coinbase (COIN), MicroStrategy (MSTR), and Robinhood (HOOD) shares rose 1.7-1.8% after Morgan Stanley and Barclays raised their price targets. Morgan Stanley downgraded Gemini (GEMI), cutting its price target to $4.75. Bitcoin (BTC) recovered to $82,500. Retail sentiment for all is bearish according to Stocktwits.

Morgan Stanley downgraded Gemini Space Station (GEMI) to Underweight, lowering its price target to $4.75. Analysts cited concerns over revenue growth and profitability, noting intensified competition. GEMI shares are down 55% YTD. The company reported a wider-than-expected Q2 loss, though revenue rose 37% YoY. Analysts from Needham, Rosenblatt, and Mizuho adjusted their price targets, reflecting crypto market challenges.

Bitcoin (BTC) rose to $86,679, driving gains in US-listed crypto-related stocks. Coinbase (COIN) gained 3.99%, Circle (CRCL) 3.75%, and MicroStrategy (MSTR) 3.13%. Other gainers included Gemini (GEMI), SharpLink Gaming (SBET), BitMine (BMNR), and Bullish (BLSH).

Gemini (GEMI) has updated its Zcash (ZEC) software ahead of the NU7 upgrade, which aims to reduce block times from 75 to 25 seconds. The new software, using Zakura, is designed to enhance security and transaction safety. Gemini's stock has fallen 78% over the past year, trading at $5.29. The Winklevoss brothers, who control Gemini, have significant investments in Zcash through Cypherpunk Technologies (CYPH).

Crypto-linked stocks rose as Bitcoin (BTC) surpassed $84,000. B. Riley raised Riot Platform's (RIOT) target to $33, citing sector underperformance, while cutting IREN's (IREN) target to $91. Keefe Bruyette reduced targets for Bullish (BLSH) and Gemini (GEMI) but raised Robinhood's (HOOD) to $115, citing strong volumes.

Gemini (GEMI) shares rose 31% to $5.81 on Friday amid acquisition speculation, though they remain 79% below the IPO price. The company's market cap has fallen to $753M from a peak of $4B. Q2 revenue declined 38%, with spot trading volumes down 66%. The Winklevoss brothers control 94.5% of voting shares, according to CoinDesk.