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CoinbroNwes
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GEMINI CONSIDERS DEBT-TO-EQUITY MOVE AMID FINANCIAL PRESSURE

Gemini is reportedly exploring a plan to convert loans from founders Tyler Winklevoss and Cameron Winklevoss into equity.

The move could eliminate hundreds of millions in debt, strengthening the company’s balance sheet as it faces losses, layoffs, and international pullbacks.

Gemini currently holds debt of 4,619 Bitcoin, valued at over $330 million, while also preparing for a potential IPO.

The proposal highlights internal restructuring efforts as the exchange navigates a challenging market environment. $BTC $KCS #Hong Kong issues stablecoin license

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