Gemini stock reaches record low, down 89% since IPO
Photo: Protos
The Gemini cryptocurrency exchange reached a record low closing price of $3.215 on Monday, an approximately 89% decline since its IPO, which was offered at $28. Gemini’s last 10-Q stated that its revenue for the first half of 2026 was $95.7 million, an increase from the $68.6 million for that same period in 2025, which pre-dated its IPO. It reported a comprehensive loss of $216.8 million for those same six months, down from $277.3 million for that period in 2025.
Source: Protos
