The $100 Million Reason Gemini Stock Is Up Today The news of a $100 million strategic investment by Cameron and Tyler Winklevoss has sent Gemini's stock soaring.
This infusion of capital is more than just a vote of confidence from two well known entrepreneurs; it's an attempt to prop up a company struggling in the competitive world of cryptocurrency.
Gemini's Q1 financials showed a glimmer of hope, with total revenue up 42% year over year and services and interest income more than doubling.