{"id":6998,"date":"2025-09-13T05:00:50","date_gmt":"2025-09-13T05:00:50","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-exchange-gemini-makes-a-splash-on-nasdaq-debut-jumping-nearly-50\/"},"modified":"2025-09-13T05:00:50","modified_gmt":"2025-09-13T05:00:50","slug":"bitcoin-exchange-gemini-makes-a-splash-on-nasdaq-debut-jumping-nearly-50","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-exchange-gemini-makes-a-splash-on-nasdaq-debut-jumping-nearly-50\/","title":{"rendered":"Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%"},"content":{"rendered":"

Bitcoin (BTC) and cryptocurrency exchange Gemini (GEMI), founded by twins Tyler and Cameron Winklevoss, experienced <\/a>a major debut on the Nasdaq, soaring nearly 40% following the company\u2019s initial public offering (IPO), which raised $425 million.\u00a0<\/p>\n

Gemini Success On Nasdaq Debut<\/h2>\n

Based in New York, Gemini priced its IPO late Thursday above the anticipated range of $24 to $26, reflecting strong investor interest. This valuation positioned the company at approximately $3.3 billion before trading commenced.\u00a0<\/p>\n

Despite the successful debut, Gemini has faced financial challenges. According to its registration with the Securities and Exchange Commission (SEC), the company reported a net loss of $159 million in 2024 and a loss of $283 million in the first half of this year.\u00a0<\/p>\n

The Winklevoss brothers, who are recognized as early Bitcoin investors and the first Bitcoin billionaires, have consistently advocated for Bitcoin as a superior store of value compared to gold.\u00a0<\/p>\n

In a recent interview on CNBC\u2019s Squawk Box, they expressed their belief that the price of the market\u2019s leading cryptocurrency could reach $1 million within the next decade, saying it could easily increase tenfold from its current price.<\/p>\n

GEMI Stock Peaks At $40<\/h2>\n

The Winklevoss twins’ exchange debut on the Nasdaq follows those of Circle (CRCL), the issuer of the second-largest stablecoin by trading volume (USDC), and Bullish (BLSH), the Peter Thiel\u2013backed exchange, which were among the first crypto firms to go public this year.<\/p>\n

According to Arkham data <\/a>issued after the initial public offering debut today, the brothers’ long-dated commitment to Bitcoin and broader crypto market has led them to amass over $2 billion in crypto assets, mostly consisting of BTC.<\/p>\n

The newly traded GEMI stock opened at $37.01 on Friday, significantly exceeding the IPO pricing of $28, and at one point reached a high of $45.74 during trading. Since, the stock has retraced toward its current valuation of $34.\u00a0<\/p>\n

\"Gemini\"<\/p>\n

Featured image from DALL-E, chart from TradingView.com\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) and cryptocurrency exchange Gemini (GEMI), founded by twins Tyler and Cameron Winklevoss, experienced a major debut on the Nasdaq, soaring nearly 40% following the company\u2019s initial public offering (IPO), which raised $425 million.\u00a0 Gemini Success On Nasdaq Debut Based in New York, Gemini priced its IPO late Thursday above the anticipated range of…<\/p>\n","protected":false},"author":1,"featured_media":6999,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199],"tags":[200,3326,3327,53,3328,3329,3330,3331,3332],"class_list":["post-6998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news-ticker","tag-breaking-news-ticker","tag-crypto-exchange-gemini","tag-crypto-ipo","tag-crypto-news","tag-gemi","tag-gemini-ipo","tag-gemini-ipo-news","tag-gemini-news","tag-the-winklevoss-twins"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6998"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6999"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}