According to Bloomberg, Gemini is internally discussing requesting founders Winklevoss brothers to waive approximately $330 million in loans or convert the related debt into more equity. As of December last year, Gemini's outstanding debt to the founders was 4,619 BTC, worth over $330 million at current prices. Previously, Gemini laid off about 30% of its staff and exited the UK, EU, and Australian markets, with losses of approximately $585 million in 2025.

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