Gemini Space Station, Inc. filings document the regulatory record for a Nevada-incorporated crypto and prediction markets company listed as GEMI. The company’s SEC filings include IPO registration amendments, current reports on quarterly and annual results, shareholder letters, investor presentations and Regulation FD materials.
Its proxy materials describe annual meeting matters and corporate governance, while Form 8-K disclosures cover operating results, preliminary financial estimates, exit or disposal activity disclosures, restructuring-related cost categories and exhibits furnished to the SEC. The filing record also provides formal context for Gemini’s capital-market history, public-company reporting obligations and risk disclosures connected to its crypto, markets and international operations.
Stojanovic Danijela reported acquisition or exercise transactions in this Form 4 filing.
Gemini Space Station, Inc. reported that Interim CFO Danijela Stojanovic received a grant of 25,559 restricted stock units (RSUs) of Class A common stock. The RSUs will vest over two years in substantially equal quarterly installments starting after the first quarterly vesting date following the vesting commencement date of February 20, 2026, subject to her continuous service. Each RSU represents a contingent right to receive one share of Class A common stock, bringing her direct holdings to 193,548 shares after this award.
Gemini Space Station, Inc. (GEMI) describes a crypto-focused financial platform spanning exchange, custody, staking, stablecoin, credit card, derivatives, and a new CFTC-regulated prediction markets business. The company emphasizes heavy licensing, security certifications, and crypto-native technology as core differentiators.
As of December 31, 2025, Gemini served users in more than 60 countries but plans to exit the U.K., E.U. and Australia to refocus on the U.S. The filing highlights revenue concentration in bitcoin, ether and solana trading, as well as growing products like Gemini Staking, GUSD stablecoin and the Gemini Credit Card®.
Management stresses extensive regulatory exposure across securities, commodities, payments, AML, sanctions, consumer protection, credit cards and prediction markets rules, calling out substantial uncertainty around when digital assets are treated as securities or commodities. Key risks include crypto price volatility, evolving regulation, intense competition from both regulated and offshore players, technology and security threats, and ongoing litigation and enforcement exposure.
Gemini Space Station, Inc. reported strong 2025 top-line growth but very heavy losses as it scaled its crypto and markets platform and completed its IPO. Total revenue rose to $179.6M, up from $142.2M, driven by higher trading, services, and fast-growing credit card revenue.
Net loss widened sharply to $582.8M from $158.5M as operating expenses climbed to $525.2M and net other expense reached $243.1M, including large non-cash crypto and related‑party items. Trading volume increased to $52.7B, services revenue grew 115% to $64.6M, and services and interest reached 44% of net revenue, reducing reliance on pure transaction fees.
The Gemini Credit Card was a key growth engine, with 2025 card transaction volume above $1.2B and card net revenue of $33.1M, up 185% year over year. Gemini ended 2025 with $252.2M in cash and cash equivalents, repaid $116.5M of third‑party debt, and then in early 2026 began a major restructuring, cutting headcount by about 30% and exiting the U.K., EU, and Australia to narrow its focus on the U.S. market, prediction markets, and a super‑app strategy.
Gemini Space Station, Inc. director-associated entity Tessera Venture Capital Fund II, LP sold a total of 39,708 shares of Class A common stock on March 11, 2026 in open-market transactions. One block of 35,713 shares was sold at a weighted average price of $8.8118 per share, and another 3,995 shares at $9.9150 per share, leaving Tessera with zero shares after these trades. Footnotes state the prices reflect multiple trades within narrow ranges and explain an ethical wall that prevents Sachin Chand Jaitly from sharing information or participating in investment or voting decisions for Tessera, with a disclaimer of beneficial and pecuniary interest in the shares.
Gemini Space Station, Inc. reported that Interim CFO Danijela Stojanovic acquired 132,275 shares of Class A common stock through a grant of restricted stock units. The RSUs vest in substantially equal quarterly installments over a two-year period, contingent on continued service. Following this award, she holds 167,989 shares directly.
Gemini Space Station, Inc. reported the initial holdings of Interim CFO Danijela Stojanovic on a Form 3. The filing shows a grant of 35,714 restricted stock units (RSUs), each representing one share of Class A common stock. These RSUs vest over four years, with 25% vesting on May 20, 2026 and the rest vesting in substantially equal quarterly installments, so long as she continues in service.
Gemini Space Station, Inc. released preliminary 2025 results showing strong user and revenue growth but very large losses and sharply higher costs. Monthly Transacting Users rose to about 600,000, up 17% year over year. Net revenue is expected between $165M and $175M, above $141M in 2024, driven mainly by higher services and credit card revenue.
Total operating expenses are projected between $520M and $530M, up from $308M, leading to an estimated net loss of $587M–$602M. Adjusted EBITDA is expected between $(267)M and $(257)M, including $30M–$35M of net realized and unrealized losses. These figures are unaudited estimates and may change after final closing.
The company also announced significant leadership changes effective February 17, 2026. The Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer are all departing, with the COO also resigning from the board, not due to any disagreement on company matters. Gemini does not plan to appoint a new COO; many responsibilities will shift to Cameron Winklevoss. The board appointed Danijela Stojanovic as Interim CFO and Kate Freedman as Interim General Counsel, with Stojanovic receiving a $450,000 base salary and 132,275 RSUs vesting over two years.
Gemini Space Station, Inc. approved a plan to exit and wind down its operations in the United Kingdom, the European Union and other European jurisdictions, and Australia to reduce operating expenses and support its path to profitability. The business will continue in the United States and Singapore.
The plan includes a reduction in force of up to 200 global employees, about 25% of Gemini’s total workforce as of February 4, 2026. Gemini currently estimates about $11 million in pre-tax restructuring and related charges, mostly cash, primarily for severance, benefits, and other exit costs, with most charges expected in the first quarter of 2026 and substantial completion in the first half of 2026.
Gemini Space Station, Inc. reported an insider equity transaction by Chief Operating Officer and director Beard Marshall Edmund. On January 24, 2026, 14,293 shares of Class A common stock were withheld at $9.72 per share to cover tax obligations upon vesting of restricted stock units. After this tax withholding, Edmund beneficially owns 1,506,768 Class A shares directly. This reflects an administrative tax event related to equity compensation rather than an open-market sale.