04:55 PM EDT, 05/14/2026 (MT Newswires) -- Gemini Space Station ( GEMI ) reported a Q1 net loss late Thursday of $0.93 per diluted share, narrowing from a loss of $30.34 a year earlier.

Analysts polled by FactSet expected a loss of $1.03.

Revenue for the three months ended March 31 was $50.3 million, up from $35.3 million a year earlier.

Analysts surveyed by FactSet expected $47.9 million.

Gemini said Winklevoss Capital Fund has made a $100 million strategic investment into the company at $14 per share, with consideration paid in bitcoin.