Crypto exchange Gemini has announced its plans to go public, having filed a draft registration statement with the SEC for an initial public offering (IPO). This move comes shortly after Circle, the issuer of USDC, made its successful debut on the New York Stock Exchange, significantly boosting interest in crypto IPOs. Analysts advise caution, suggesting that potential investors might want to wait several months to gauge the market's response before investing in new public offerings like Circle's shares, which have spiked since their launch. Moreover, Strategy, previously known as MicroStrategy, has upped its offering of perpetual Stride preferred stock to $1 billion, aiming to use proceeds to enhance its Bitcoin holdings. This offering is characterized by a 10% yield and comes amid a surge in cryptocurrency market activity, particularly benefiting miner stocks following Bitcoin's recovery. Retail investors are advised to be cautious, particularly during the initial trading frenzy following IPOs.

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