Gemini Space Station Q1 Highlights
Q1 Revenue: $50.27 million, versus estimates of $49.29 million

Q1 Loss: 93 cents, versus estimates of 96 cents

Total revenue was up 42% on a year-over-year basis, driven by strong growth in services and OTC revenue. Gemini Space Station reported 589,000 monthly transacting users, up 17% year-over-year.

Gemini Space Station ended the quarter with $215.6 million in total cash and cash equivalents.

Gemini Space Station also announced Winklevoss Capital Fund made a $100 million strategic investment into the company at $14 per share.

“We believe the market has significantly undervalued Gemini, and that this investment will allow us to set up the company…

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