This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Gemini has confirmed its filing to go public, hot on the heels of Circle’s successful NYSE debut. Analysts caution investors to wait before buying CRCL shares, while Strategy ramps up Bitcoin purchases with a new high-yield offering.
- Gemini's IPO filing comes shortly after Circle's successful NYSE debut, signaling a potential wave of crypto companies going public.
- Strategy's new $1 billion preferred stock offering (STRD) carries a 10% yield but is subordinated, meaning higher risk for investors.
- Analysts suggest waiting 90-180 days post-IPO to invest in CRCL due to price volatility and lockup period expirations.
📎 Related coverage from: decrypt.co