Gemini Shares Drop 7% Even as Net Loss Narrows to $107 Million
Covered by 2 sources · 2 articles
2 outlets - including Coinotag and Beincrypto - are covering this story. Gemini's Q2 net loss reached $107.7M as Bitcoin's downturn cut trading volume 66%, pushing shares lower and accelerating diversification.
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Bitcoin Slump Drives Gemini Q2 Net Loss to $107.7 Million
Gemini's Q2 net loss reached $107.7M as Bitcoin's downturn cut trading volume 66%, pushing shares lower and accelerating diversification.
Gemini Shares Drop 7% Even as Net Loss Narrows to $107 Million
Gemini Space Station (GEMI) stock slid 7% to $4.00 in after-hours trading Thursday after the crypto exchange reported a second-quarter net loss of $107.7 million. The loss came in 19% smaller than a year earlier, and revenue climbed 37% to…