Cryptocurrency exchange Gemini reached a record low closing price of $3.215 on Monday, down approximately 89% from its IPO price of $28. The company reported revenue of $95.7 million for the first half of 2026, an increase from $68.6 million in the same period in 2025. Despite this revenue growth, Gemini posted a comprehensive loss of $216.8 million for those six months, improved from the $277.3 million loss in the prior year. CEO Tyler Winklevoss and president Cameron Winklevoss have cultivated close ties with the Trump administration, which contributed to the SEC dropping its investigation into the exchange.
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