Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future

A notable development has hit the crypto markets. 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’s future: a $100 million strategic investment into their own company, funded not with cash but with Bitcoin. The announcement, 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. 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.

Market Dynamics

The net loss narrowed to $109 million, an improvement from the $141 million loss recorded in the same quarter of 2025. 26 on Wednesday before the earnings release, then hit $6. 33 in extended trading — representing a gain of over 20%.

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 — nearly triple the stock’s recent market price of around $4. Tyler Winklevoss, the company’s CEO, said 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. ” The $14 entry price, paid in Bitcoin, signals the twins’ conviction that both the company and the flagship digital asset have room to run.

Market Impact

Bitcoin itself has traded in a tight band this week, 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 — BTC crashed more than 40% from its October 2025 peak of $126,000 to a low near $60,000 in February — 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. Gemini’s rough couple months The Winklevoss twins themselves were caught in that selloff, with blockchain analytics firm Arkham flagging 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. The earnings follows months of turbulence for the exchange. In February, Gemini cut 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.

Crypto markets are watching this development closely as investors weigh its potential impact on prices.