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Gemini (GEMI) Stock Jumps 31% as Takeover Speculation Returns

CoinCentral·September 21, 2026·1 min read
Gemini (GEMI) Stock Jumps 31% as Takeover Speculation Returns

Gemini stock jumped 31% Friday to $5.81, but remains about 79% below its $28 IPO price. Market value dropped to roughly $753 million from about $4 billion at its peak. Second-quarter exchange revenue fell 38%, while spot trading volume dropped 66%. Takeover speculation has returned, focusing on Gemini's licenses and custody.

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