As per Coinomedia, Gemini shares fell to a record low of $15.80 after the exchange reported a $159 million net loss in Q3. The company is now pursuing a strategy to become a crypto 'super app' to boost user engagement and revenue. The loss has raised concerns about Gemini's long-term profitability and competitiveness in the crypto market.
Gemini Shares Hit All-Time Low After $159M Q3 Net Loss
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