Gemini Stock Is Up Before the Bell. Bitcoin’s Slide Is What Traders Are Really Watching
Gemini Space Station, Inc. shares rose 11 cents to $4.62 in premarket Nasdaq trading Friday, while bitcoin fell $1,732 to $61,944. The move came after Gemini’s recent $100 million capital raise from Winklevoss Capital, paid in bitcoin. Coinbase and Robinhood also traded higher before the bell. Nasdaq’s regular session had not yet opened.