{"id":52181,"date":"2026-05-15T12:59:16","date_gmt":"2026-05-15T17:59:16","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=52181"},"modified":"2026-05-15T12:59:22","modified_gmt":"2026-05-15T17:59:22","slug":"gemini-stock-jumps-after-winklevoss-twins","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/gemini-stock-jumps-after-winklevoss-twins","title":{"rendered":"Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future"},"content":{"rendered":"
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Cameron and Tyler Winklevoss made their boldest statement yet about Gemini Space Station’s future: a $100 million strategic investment into their own company, funded not with cash but with Bitcoin. <\/p>\n\n\n\n

The 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\n\n\n

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\n\n\n

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’s recent market price of around $4.92. <\/p>\n\n\n\n

Tyler Winklevoss, the company’s CEO, said<\/a> in a statement: “We 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.” <\/p>\n\n\n\n

The $14 entry price, paid in Bitcoin, signals the twins’ conviction that both the company and the flagship digital asset have room to run.<\/p>\n\n\n\n

Bitcoin itself has 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 peak<\/a> of $126,000 to a low near $60,000 in February \u2014 a downturn that rattled Gemini’s exchange business and caused trading volumes to fall to $6.3 billion in Q1 from $13.5 billion a year earlier. <\/p>\n\n\n\n

Gemini\u2019s rough couple months<\/h2>\n\n\n\n

The Winklevoss twins themselves were caught in that selloff, with blockchain analytics firm Arkham 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\n\n\n

The earnings follows months of turbulence for the exchange. In February, Gemini 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. <\/p>\n\n\n\n

Those events sparked a wave of shareholder class action suits 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\n\n\n

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’s president, framed the licensing milestone as central to Gemini’s ambition to “evolve from a crypto company into a markets company.” <\/p>\n","protected":false},"excerpt":{"rendered":"

Cameron and Tyler Winklevoss announced a $100 million Bitcoin-funded investment into Gemini alongside a Q1 earnings report showing 42% year-over-year revenue growth.<\/p>\n","protected":false},"author":3817,"featured_media":51833,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[361,888,5999,1744],"class_list":{"0":"post-52181","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-exchange","9":"tag-gemini","10":"tag-stock","11":"tag-winklevoss"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/04\/New-York-Sues-Coinbase-and-Gemini-Over-Alleged-Illegal-Prediction-Market-Gambling-Operations.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=52181"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/51833"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=52181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=52181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=52181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}