BEARISH 📉 : Gemini Stock Drops 80% After Crypto Market Decline

Gemini Faces Market Challenges Amid Crypto Downturn

The crypto market has experienced a significant 40% correction affecting various platforms, including Gemini.
Gemini, listed on Nasdaq since September 2025, is dealing with an approximately 80% drop in stock value from its peak.
The exchange is undergoing restructuring, including staff cuts and withdrawal from European markets, to manage financial stress.
In 2025, Gemini's net revenue rose to $175 million, but expenses increased by nearly 70% to $530 million due to aggressive expansion.
Gemini’s global spot trading market share decreased from 0.6% to 0.1%.
Several key executives, including the COO, CFO, and Chief Legal Officer, have left the company amidst these challenges.
Public status has highlighted Gemini's cash burn rate, raising concerns among investors.
Management is considering shifting towards prediction markets to diversify revenue streams.
Investors are concerned about liquidity and operational continuity as the company faces scrutiny over solvency.
Upcoming Q1 2026 earnings will be crucial to assess if recent measures stabilize cash flow.