Crypto exchange Gemini has announced its intention to go public, filing a confidential draft registration statement for an initial public offering (IPO) following the successful debut of Circle on the New York Stock Exchange. Circle's stock, CRCL, soared in its first days of trading, raising questions about potential investor behavior regarding new shares. Analysts recommend caution for retail investors considering buying CRCL immediately due to anticipated price adjustments after IPO lockup periods end. In parallel, Strategy, formerly known as MicroStrategy, has significantly increased its offering of preferred stock to $1 billion, aiming to fund its Bitcoin acquisitions with a 10% yield on shares. However, the STRD shares carry higher risks compared to prior offerings. The overall momentum in the cryptocurrency market has been bolstered by these developments, particularly influencing miner stocks and liquidity within decentralized finance (DeFi) ecosystems.

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