Winklevoss Twins See Bitcoin at $1 Million as Gemini Goes Public

Gemini’s public listing has doubled as a platform for its founders, Cameron and Tyler Winklevoss, to reinforce their long-term conviction in Bitcoin.

In an interview with CNBC, Tyler described the cryptocurrency as being “early in its adoption cycle” and argued it could reach $1 million within the next decade if it continues to displace gold as a store of value.

The twins have long promoted Bitcoin as “Gold 2.0,” a theme they’ve emphasized since founding Gemini in 2015, when the coin traded near $380. Tyler suggested that if Bitcoin assumes the monetary role that gold has historically played, another tenfold increase from today’s levels would be plausible. Bitcoin now trades above $115,000, representing a staggering 30,000% return over ten years.

Gemini IPO Adds Momentum

The exchange’s stock market debut added fuel to the story. According to Bloomberg, Gemini’s IPO priced at $28 per share, valuing the company at around $3.3 billion – higher than analysts had anticipated. Tyler called the milestone the culmination of years of development and said the public listing will give Gemini the capital base to expand further.

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Cementing Their Role in Finance

For the Winklevoss brothers, the listing isn’t just about celebrating Gemini’s progress but also about validating Bitcoin’s trajectory as a mainstream asset. “We’ve come a long way to get to this day,” Tyler said, highlighting both the company’s journey and Bitcoin’s growing importance for investors looking beyond traditional markets.

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