🎯Gemini went public at the peak, then lost money for five straight quarters
📰 The Winklevoss brothers’ platform was still losing money in its fifth quarter after its IPO. Losses were narrower than expected, but it still hasn’t turned a profit.
💬 Quite a move: going public at the market’s high, then riding the downturn all the way down. Buying shares in an exchange is basically like buying Bitcoin that collects management fees.
🏷️ #Gemini #交易所股 #IPO #Institutional Risk
📰 The Winklevoss brothers’ platform was still losing money in its fifth quarter after its IPO. Losses were narrower than expected, but it still hasn’t turned a profit.
💬 Quite a move: going public at the market’s high, then riding the downturn all the way down. Buying shares in an exchange is basically like buying Bitcoin that collects management fees.
🏷️ #Gemini #交易所股 #IPO #Institutional Risk