{"id":45478,"date":"2025-09-03T11:32:00","date_gmt":"2025-09-03T11:32:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45478"},"modified":"2025-09-03T11:32:00","modified_gmt":"2025-09-03T11:32:00","slug":"gemini-ipo-targets-317m-as-trump-media-bets-1b-on-crypto-com-treasury-strategy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45478","title":{"rendered":"Gemini IPO Targets $317M as Trump Media Bets $1B on Crypto.com Treasury Strategy"},"content":{"rendered":"<div>\n<p>Gemini Space Station Inc., the crypto exchange founded by Cameron and Tyler Winklevoss, has filed for a $316.7M initial public offering (IPO) in New York. Social media is dubbing it the \u201cGemini IPO\u201d and the company plans to sell 16.7 million shares priced between $17\u2013$19 each, which would give Gemini a market cap of about $2.2Bn at the top of the range.<\/p>\n<p>Gemini controls more than $18Bn in assets and <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">crypto assets<\/a>, according to its filing. But the company is still losing money, reporting a $282.5M net loss on $68.6M revenue in the first six months of 2025.<\/p>\n<blockquote>\n<p>\u201cWe believe the U.S. market is finally ready for compliant, regulated crypto institutions,\u201d the Winklevoss brothers wrote in their SEC filing.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Fidelity is accepting indications of interest for the Gemini IPO. <a href=\"https:\/\/twitter.com\/search?q=%24GEMI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$GEMI<\/a> <a href=\"https:\/\/t.co\/E18FbD0pA3\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/E18FbD0pA3<\/a><\/p>\n<p>\u2014 Craig Stephens | Access IPOs (@AccessIPOs) <a href=\"https:\/\/twitter.com\/AccessIPOs\/status\/1962857251133124823?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The IPO will be underwritten by Goldman Sachs and Citigroup, with Gemini trading on Nasdaq under the ticker GEMI. Meanwhile, Trump is ignoring Gemini and shipping <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">all his wealth<\/a> to Crypto.com (CRONOS).<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Trump Media and Crypto.com Bet Big on Cronos: Why Won\u2019t He Touch Gemini?<\/h2>\n<p>Donald Trump\u2019s media empire is expanding deeper into crypto. Trump Media &amp; Technology Group (DJT) announced a deal with Crypto.com to create a new treasury venture built around Cronos (CRO).<\/p>\n<p>The company will merge with Yorkville Acquisition Corp and go public under the ticker MCGA. Trump Media will anchor its corporate reserves with $1Bn worth of CRO tokens, backed by $200M in cash, $220M in warrants, and a $5Bn equity line of credit from Yorkville affiliates. At this point, Trump is running the country like a crypto mafia don.<\/p>\n<p><figure id=\"attachment_279245\" aria-describedby=\"caption-attachment-279245\" style=\"width: 2433px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-279245\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17.png\" alt=\"\" width=\"2433\" height=\"822\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17.png 2433w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17-300x101.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17-1024x346.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17-768x259.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17-1536x519.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17-2048x692.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/CROUSDT_2025-09-03_12-41-17-50x17.png 50w\" sizes=\"auto, (max-width: 2433px) 100vw, 2433px\"><figcaption id=\"caption-attachment-279245\" class=\"wp-caption-text\">(Source: <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/A4aJB7ow\/?symbol=BINANCE%3ASEIUSDT\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a>)<\/figcaption><\/figure>\n<\/p>\n<p>The move sent CRO up +29.6% to $0.20, according to CoinGecko, while Yorkville\u2019s stock slid -2.2% to $10.42.<\/p>\n<blockquote>\n<p>\u201cBy anchoring Truth Social\u2019s rewards economy and corporate reserves in CRO, Trump Media is effectively institutionalizing the token,\u201d said Alice Liu, head of research at CoinMarketCap.<\/p>\n<\/blockquote>\n<p>Trump Media shares also rose +6.6% to $18.36, buoyed by the news.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">9+ Best High-Risk, High-Reward Crypto to Buy in July 2025<\/span><\/a><\/strong><\/p>\n<h2>Bitcoin Treasury Strategy Stocks You Need to Invest In<\/h2>\n<p>The Trump-Cronos move mirrors Michael Saylor\u2019s playbook at MicroStrategy, which effectively transformed a software company into a Bitcoin vault now holding close to $100Bn. Investors have bought in, sending MSTR shares up fivefold alongside Bitcoin\u2019s rally in 2024.<\/p>\n<p><figure id=\"attachment_279247\" aria-describedby=\"caption-attachment-279247\" style=\"width: 2433px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-279247\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09.png\" alt=\"\" width=\"2433\" height=\"822\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09.png 2433w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09-300x101.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09-1024x346.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09-768x259.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09-1536x519.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09-2048x692.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/09\/MSTR_2025-09-03_12-44-09-50x17.png 50w\" sizes=\"auto, (max-width: 2433px) 100vw, 2433px\"><figcaption id=\"caption-attachment-279247\" class=\"wp-caption-text\">(Source: <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/A4aJB7ow\/?symbol=BINANCE%3ASEIUSDT\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a>)<\/figcaption><\/figure>\n<\/p>\n<p>Corporate treasuries are testing similar waters with tokenized reserves. Circle went public in June with a $1.2Bn IPO, its stock jumping +168% on the first day.<\/p>\n<p>Additionally, the SoftBank- and Tether-backed SPAC launched a $3.6Bn Bitcoin treasury firm earlier this year.<\/p>\n<h2>Can Gemini and Trump Media Deliver in a Crowded Market?<\/h2>\n<p>For Gemini, the IPO is a chance to restore confidence after past regulatory battles, including a dropped SEC case and a $5M CFTC settlement earlier this year. For Trump, well, it\u2019s business as usual. Everything he touches turns to gold because he\u2019s the freaking president.<\/p>\n<p>Crypto.com is the latest venture, and we\u2019ll see what else Trump pumps (and hopefully doesn\u2019t dump like <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">WLFI token<\/a>) by year\u2019s end.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/xrp-price-jumps-11-after-sec-crypto-unit-tease-xrp-etf-progress\/\" target=\"_blank\" rel=\"noopener\">XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n<\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Gemini seeks a $317M IPO while Trump Media launches a $1B Cronos treasury venture.    <\/li>\n<\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Crypto.com is the latest venture Trump has pumped and we\u2019ll see what else he boosts by year\u2019s end and hopefully doesn\u2019t dump like <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">WLFI token.<\/a>    <\/li>\n<\/p>\n<\/ul>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/gemini-ipo-targets-317m-as-trump-media-bets-1b-on-crypto-com-treasury-strategy\/\">Gemini IPO Targets $317M as Trump Media Bets $1B on Crypto.com Treasury Strategy<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gemini Space Station Inc., the crypto exchange founded by Cameron and Tyler Winklevoss, has filed for a $316.7M initial public offering (IPO) in New York. Social media is dubbing it the \u201cGemini IPO\u201d and the company plans to sell 16.7 million shares priced between $17\u2013$19 each, which would give Gemini a market cap of about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45478","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45478"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45478\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}