🎯 Gemini’s second year as a public company, five consecutive quarters of losses

📰 The Winklevoss twins’ platform went public just as the market slumped, but this quarter’s loss was still better than expected. BTC $70.8K, ETH $2,005; the overall market fell 5.5% in 24 hours.

💬 Honestly, the hardest part isn’t losing money—it’s the timing of the IPO. Going public at the peak, then watching the window for telling your story close; after that, all you can do is tough it out with the financial reports. During a rate-hiking cycle, simply surviving is a win for an exchange.

đŸ·ïž #Gemini #äș€æ˜“所 #IPO #æž©ć…‹èŽ±æČƒæ–Ż #InstitutionalEarnings