Crypto exchange Gemini has announced its plans to go public by filing a registration statement with the U.S. SEC following the successful debut of Circle on the New York Stock Exchange. The announcement coincides with the rising interest in the crypto market, particularly after Circle’s stock experienced a significant increase in its early trading days. Analysts suggest investors exercise caution before buying shares in Circle, recommending waiting for the typical post-IPO lock-up period to end. In another development, Strategy, formerly MicroStrategy, has upsized its offering of perpetual preferred stock to $1 billion to support its Bitcoin investments, offering a 10% yield. This is the third preferred stock offering Strategy has pursued in recent months, showcasing its intention to expand its Bitcoin holdings despite inherent risks involved in such investments.

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