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Doom Looms For Gemini (GEMI): Expert Predicts Bankruptcy By End Of 2026

Gemini's stock (GEMI) has plummeted 90% from its September 2025 peak, sparking bankruptcy concerns. Market expert Dom Kwok warns the crypto firm could face insolvency by end-2026 due to multiple crises: mounting lawsuits alleging IPO misinformation, a mass exodus of C-suite executives, slowing revenue growth, and accelerating losses. The company is rapidly depleting its IPO cash reserves and may soon require highly dilutive financing, further eroding shareholder value. Operational issues like account freezes and poor customer service compound its troubles. With its stock trading near $4.59 and no recovery catalyst in sight, Gemini's future appears critically endangered.

bitcoinist03/27 12:32