Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and CEO of Gemini Trust Co., on stage in the course of the Bitcoin 2025 convention in Las Vegas, Nevada, on May 27, 2025.
Bridget Bennett | Bloomberg | Getty Images
The Winklevoss twins, whose cryptocurrency firm Gemini Space Station is going public, do not anticipate bitcoin’s rally will cease anytime quickly. In reality, they anticipate the cryptocurrency will attain $1 million over the following decade.
“It’s still very much the bottom of the first inning because we see bitcoin trading at $1 million a bitcoin, if it disrupts gold,” Gemini co-founder Tyler Winklevoss informed CNBC’s “Squawk Box” on Friday. “And we think Bitcoin is gold 2.0.”
“We think there’s easily a 10x from here. It’s still really early. And I think we’ll be sitting here 10 years from now looking back and saying, ‘Wow, today was really early,'” Tyler continued. “I think few people actually listened back then, so hopefully more people listen today.”
Bitcoin has skyrocketed because the Winklevoss twins first launched Gemini in 2015, when the worth of bitcoin was at $380. It was final buying and selling above $115,100 per coin, a greater than 30,000% enhance over the previous decade.
Bitcoin, yr thus far
The Winklevoss twins made their look forward of Gemini’s preliminary public providing, which was priced at $28 per share late Thursday, in line with Bloomberg. An individual acquainted with the providing informed the information service that the corporate priced the providing above its anticipated vary of $24 to $26, which might worth the corporate at $3.3 billion.
“We’ve come a long way,” Gemini co-founder Tyler Winklevoss informed CNBC’s “Squawk Box” on Friday.
— CNBC’s Tanaya Macheel contributed to this report.
(Learn the very best 2026 methods from contained in the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and data here.)