---
schema_version: "secwatch.filing_event.v1"
accession: "0002055592-26-000048"
form_type: "8-K"
ticker: "GEMI"
cik: "0002055592"
company_name: "Gemini Space Station, Inc."
filed_at: "2026-05-14T20:34:51+00:00"
generated_at: "2026-05-14T20:36:56.783278+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gemini Space Station raises $100M in Bitcoin from Winklevoss insiders; Q1 earnings released

## Summary
- Raised $100.0M via private placement; issued 7,142,857 shares at $14.00 each, paid-in-kind with approx. 1,258 Bitcoin.
- Purchaser is Winklevoss Capital (largest stockholder); owned by CEO/President Tyler Winklevoss and President Cameron Winklevoss.
- Amendment to Registration Rights Agreement extends piggyback rights to new shares; lowers S-3 demand threshold from $75M to $50M.
- Q1 2026 earnings press release and presentation furnished; no specific financial results disclosed in this 8-K.

## SEC filing metadata
- accession: 0002055592-26-000048
- form_type: 8-K
- ticker: GEMI
- cik: 0002055592
- company_name: Gemini Space Station, Inc.
- filed_at: 2026-05-14T20:34:51+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000048/0002055592-26-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000048/gemi-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002055592-26-000048
- JSON: https://secwatch.observer/filing/0002055592-26-000048.json
- Plain text: https://secwatch.observer/filing/0002055592-26-000048.txt

## Key facts
- Earnings Releases
  Gemini Space Station, Inc. reported financial results for the three months ended March 31, 2026.
  - Period: the three months ended March 31, 2026
  - Result: reported results
  source text: Gemini issued a press release (the "Q1 2026 Earnings Release") announcing its financial results for the three months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000048/0002055592-26-000048-index.htm
- Material Agreements
  Gemini Space Station, Inc. entered into Amendment with Winklevoss Capital Fund, LLC (effective 2026-05-14).
  - Action: entry
  - Counterparty: Winklevoss Capital Fund, LLC
  - Effective: 2026-05-14
  source text: On May 14, 2026, the Company entered into an amendment (the “Amendment”) to its existing Registration Rights Agreement, dated as of September 12, 2025 (the “Existing Registration Rights Agreement”) with the Purchaser pertaining to the Shares, which provides that the Shares are “Registrable Securities” under the Existing Registration Rights Agreement and subject to the demand registration, piggyback registration and shelf registration rights contained therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000048/0002055592-26-000048-index.htm
- Material Agreements
  Gemini Space Station, Inc. entered into Securities Purchase Agreement with Winklevoss Capital Fund, LLC valued at $100.0 million (effective 2026-05-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Winklevoss Capital Fund, LLC
  - Value: $100.0 million
  - Effective: 2026-05-14
  source text: On May 14, 2026, Gemini Space Station, Inc. (“Gemini,” the “Company,” “we,” or “us”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with Winklevoss Capital Fund, LLC (the “Purchaser”) pursuant to which the Company agreed to issue and sell to the Purchaser, in a private placement, 7,142,857 shares of the Company’s Class A common stock, $0.001 par value per share (the “Shares”), at a price of $14.00 per share, for aggregate proceeds to the Company of $100.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/2055592/000205559226000048/0002055592-26-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.