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fromTNW | Finance
2 weeks ago

The Winklevoss twins paid 2.5x the share price to lift Gemini off the floor

Gemini Space Station shares surged more than 20% in premarket on Friday after the Winklevoss Capital Fund bought $100m of stock at $14, well above Thursday's $5.26 close, and the exchange reported a smaller Q1 loss than expected. The Winklevoss twins have written a $100m cheque to their own company. Winklevoss Capital Fund, the family vehicle of Gemini Space Station co-founders Tyler and Cameron Winklevoss, closed a private placement on Thursday for 7,142,857 Class A shares at $14 each.
Cryptocurrency
Cryptocurrency
fromnews.bitcoin.com
2 weeks ago

Michael Saylor Pushes STRC as Lower-Volatility Alternative to BTC and MSTR

STRC is structured as preferred equity for income, liquidity, and stability, using dividend mechanics and short-duration credit design to reduce price volatility.
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