Gemini has announced its plans to go public by filing a draft registration statement with the U.S. Securities and Exchange Commission, coinciding with Circle's strong IPO debut. Analysts suggest that investors should be cautious about jumping into Circle's stock immediately after its impressive performance, recommending a wait of 90-180 days for better price stability. Meanwhile, Strategy, formerly known as MicroStrategy, has ramped up its efforts by increasing its offering of perpetual Stride preferred stock to $1 billion, which will yield a 10% annual return to investors. This funding will boost its Bitcoin acquisitions, and it marks the company’s third similar offering in just six months, highlighting a continued focus on expanding its Bitcoin treasury amid a growing interest in cryptocurrencies.

Source 🔗