{"id":7342,"date":"2026-05-15T18:16:33","date_gmt":"2026-05-15T18:16:33","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/05\/15\/gemini-stock-jumps-after-winklevoss-twins-make-100m-bitcoin-bet-on-company-future\/"},"modified":"2026-05-15T18:16:33","modified_gmt":"2026-05-15T18:16:33","slug":"gemini-stock-jumps-after-winklevoss-twins-make-100m-bitcoin-bet-on-company-future","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/05\/15\/gemini-stock-jumps-after-winklevoss-twins-make-100m-bitcoin-bet-on-company-future\/","title":{"rendered":"Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/gemini-stock-jumps-after-winklevoss-twins\">Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future<\/a><\/p>\n<div><\/div>\n<p>Cameron and Tyler Winklevoss made their boldest statement yet about Gemini Space Station\u2019s future: a $100 million strategic investment into their own company, funded not with cash but with Bitcoin.\u00a0<\/p>\n<p>The <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/gemini-reports-first-quarter-2026-results-and-announces-100-million-strategic-investment-1036158056\" target=\"_blank\">announcement<\/a>, paired with a first-quarter earnings report that showed 42% revenue growth year-over-year, sent GEMI shares climbing more than 20% in after-hours trading Thursday night.<\/p>\n<p>Gemini (NASDAQ: GEMI) reported total revenue of $50.3 million for the quarter ended March 31, 2026, driven by a surge in services and OTC revenue. Services and interest income jumped 122% to $24.5 million, while credit card revenue climbed 300% to $14.7 million. The net loss narrowed to $109 million, an improvement from the $141 million loss recorded in the same quarter of 2025. Shares closed at $5.26 on Wednesday before the earnings release, then hit $6.33 in extended trading \u2014 representing a gain of over 20%.<\/p>\n<p>Shares were up over 30% this morning before settling at the time of writing. The headline move, however, was the Bitcoin-denominated investment. Winklevoss Capital Fund purchased 7.1 million shares at $14 per share \u2014 nearly triple the stock\u2019s recent market price of around $4.92.\u00a0<\/p>\n<p>Tyler Winklevoss, the company\u2019s CEO, <a href=\"https:\/\/www.cnbc.com\/2026\/05\/14\/gemini-surges-after-winklevoss-capital-invests-100-million-in-the-crypto-exchange.html\" target=\"_blank\">said<\/a> in a statement: \u201cWe believe the market has significantly undervalued Gemini, and that this investment will allow us to set up the company for its next phase of growth.\u201d\u00a0<\/p>\n<p>The $14 entry price, paid in Bitcoin, signals the twins\u2019 conviction that both the company and the flagship digital asset have room to run.<\/p>\n<p>Bitcoin itself has <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-price-surges-3-past-82k\">traded in a tight band this week<\/a>, with the coin closing at $81,051 on May 14 and hovering around $80,000 through the prior several sessions. That stability comes after a bruising stretch earlier this year \u2014 BTC crashed more than 40% from its October 2025 <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-skyrockets-to-all-time-high-of-125750-what-comes-next\">peak<\/a> of $126,000 to a low near $60,000 in February \u2014 a downturn that rattled Gemini\u2019s exchange business and caused trading volumes to fall to $6.3 billion in Q1 from $13.5 billion a year earlier.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Gemini\u2019s rough couple months<\/h2>\n<p>The Winklevoss twins themselves were caught in that selloff, with blockchain analytics firm Arkham <a href=\"https:\/\/finance.yahoo.com\/news\/winklevoss-twins-move-130m-bitcoin-110235061.html\" target=\"_blank\">flagging<\/a> a $130 million Bitcoin transfer into Gemini in March, widely interpreted as a sale. They later pulled funds back, withdrawing $42.77 million in BTC from the platform in April, a sign they were rebuilding their position as prices stabilized.<\/p>\n<p>The earnings follows months of turbulence for the exchange. In February, Gemini <a href=\"https:\/\/www.coindesk.com\/business\/2026\/02\/17\/gemini-stock-plunges-after-it-parts-ways-with-coo-cfo-and-chief-legal-officer-months-after-ipo\" target=\"_blank\">cut<\/a> 25% of its global workforce, exited the UK, EU, and Australian markets, and lost its COO, CFO, and Chief Legal Officer in a single week.\u00a0<\/p>\n<p>Those events sparked a wave of shareholder class action suits <a href=\"https:\/\/www.prnewswire.com\/news-releases\/gemi-investor-alert-gemini-gemi-post-ipo-meltdown-sparks-securities-class-action-as-investors-seek-recovery--hagens-berman-302734102.html\" target=\"_blank\">alleging<\/a> the company misled investors in its September 2025 IPO \u2014 priced at $28 per share and initially trading as high as $45.89 \u2014 about its true financial condition. The stock at one point fell below $5, a more than 89% decline from that peak.<\/p>\n<p>One regulatory win gave the bulls ammunition. In April, Gemini received a Derivatives Clearing Organization license from the CFTC, opening the door to futures, options, and a broader marketplace strategy. Cameron Winklevoss, the company\u2019s president, framed the licensing milestone as central to Gemini\u2019s ambition to \u201cevolve from a crypto company into a markets company.\u201d\u00a0<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/gemini-stock-jumps-after-winklevoss-twins\">Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future Cameron and Tyler Winklevoss made their boldest statement yet about Gemini Space Station\u2019s future: a $100 million strategic investment into their own company, funded not with cash but with Bitcoin.\u00a0 The announcement, paired with a first-quarter earnings report that showed [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7343,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-7342","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7342"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7343"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}