Crypto exchange Gemini plans to go public by filing a draft registration with the SEC, following Circle’s successful stock market debut. This announcement comes as the market reacts positively to Circle's share performance, which soared nearly four times its IPO price shortly after listing. Analysts advise caution, suggesting investors wait before purchasing shares due to typical post-IPO price discoveries. Meanwhile, Strategy, the company formerly known as MicroStrategy, has increased its high-yield preferred stock offering, which aims to fund further Bitcoin purchases. This offering, now set at $1 billion, pays a 10% annual yield to investors. Strategy is aggressively expanding its Bitcoin reserves amid a recovery in crypto prices, with associated stocks witnessing significant gains. The Gemini IPO signals a potential wave of crypto-related public offerings, as the sector grapples with regulatory oversight and market volatility.

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