The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-17 · read 2026-10-17 15:39 UTC
Market › Corporate › Member companies › Gemini Space Station, Inc.

Gemini Space Station, Inc.

A member company of the corporate class, not a venue: none of its securities is registered here as an instrument. Its debt is in the class's figures, read line by line from its balance sheet. Venues and member companies →

Debt attributed to its bitcoin

Bitcoin held5,528 BTC as of 2026-06-30
Of which pledged, still on its balance sheet1,975 BTC as of 2026-06-30
Total assets, as filed1,502,595,000 USD as of 2026-06-30
SEC EDGAR accession 0002055592-26-000065 (10-Q)
Bitcoin on the balance sheet$324m, at fair value
Total assets today$1.63bn (filed total assets, less the bitcoin as carried, plus the bitcoin at today's price)
Unencumbered share19.7%
Filed debt, by security
$75m secured by pledged bitcoin
$147m secured by other assets
$259m security not stated
Attributed to bitcoin$75m – $126m
Attributed debt to bitcoin held16.66%
Debt lineSecurityPrincipalAs ofCountedAttributed
Galaxy Digital LLC financing facility (7.5%, evergreen)
0002055592-26-000065
secured by pledged bitcoin
collateral values not filed: the whole facility counted as bitcoin-secured
75,000,000 USD2026-06-30in full$75m
Related-party crypto asset loans from Winklevoss Capital Fund (bitcoin borrowed, repayable in kind)
0002055592-26-000065
security not stated258,737,000 USD2026-06-300 to 19.7% (the range)—
Funding debt – Ripple warehouse credit agreement (credit card receivables)
0002055592-26-000065
secured by other assets146,930,000 USD2026-06-30at zero$0

In the order the dataset carries them, not ranked. How the class adds them up →

Ask for this by machine

REST
GET https://api.bitcoincreditstack.com/v1/market/issuers/gemini_space_station
MCP
get_corporate_instruments()

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