TLDR
- Winklevoss twins predict Bitcoin to hit $1M per coin if it disrupts gold.
- Gemini’s IPO priced at $28 per share, with a valuation of $3.3 billion.
- Bitcoin’s growth is part of a broader crypto ecosystem evolution, say twins.
- The Winklevoss twins see Bitcoin as a store of value, not a transactional currency.
Tyler and Cameron Winklevoss, the founders of Gemini, a leading cryptocurrency exchange, believe Bitcoin will reach $1 million per coin within the next decade. In an interview on CNBC, Tyler Winklevoss emphasized that Bitcoin has a long journey ahead, with room for substantial growth. He compared the current stage of Bitcoin to the early innings of a game, suggesting that the cryptocurrency is still in its infancy and that a $1 million Bitcoin price is within reach if it continues to challenge traditional stores of value like gold.
Gemini’s IPO Marks a New Milestone
Gemini, the Winklevoss twins’ cryptocurrency exchange, launched its initial public offering (IPO) on September 12, 2025, pricing the offering at $28 per share. This gave the company a valuation of approximately $3.3 billion.
The stock opened at $37.01 per share, but the price later dipped to around $34. The IPO marks a significant milestone for Gemini, which has evolved from a platform dedicated solely to Bitcoin to a major player in the broader cryptocurrency market. Gemini now supports over 100 tokens and offers services like crypto rewards credit cards.
Tyler Winklevoss noted that despite this expansion, Gemini’s journey is far from over. He highlighted the company’s efforts to diversify its offerings, including its innovative credit card, which provides customers with up to 4% cryptocurrency rewards. The IPO represents a new chapter for the exchange, now listed on the Nasdaq under the ticker GEMI.
Bitcoin’s Surge and Future Potential
Bitcoin’s price has seen a dramatic increase since the Winklevoss twins first launched Gemini in 2015. Back then, the price of Bitcoin was around $380 per coin. Today, Bitcoin is trading above $116,000, reflecting a growth of more than 30,000% over the past decade. This surge in value, combined with the belief that Bitcoin will replace gold as the dominant store of value, is what leads the Winklevoss twins to predict a $1 million Bitcoin.
As of today, Bitcoin is experiencing a steady upward trend, holding above the $115,000 mark, with a slight increase of around 1.5% over the past 24 hours. Recent market indicators suggest that Bitcoin is gaining stronger momentum, driven by growing interest in Bitcoin futures and options markets.
Analysts point to the price maintaining stability above key levels like $115,000, with resistance just above $116,000, marking a critical point for the next phase of Bitcoin’s upward trajectory. This suggests that Bitcoin’s rally may have further room to grow before encountering major resistance.
The twins view Bitcoin as a digital form of gold, emphasizing its fixed supply as a key advantage over traditional gold, which experiences slight annual growth through mining. According to Cameron Winklevoss, Bitcoin does not need to be used as a transactional currency to succeed. “We don’t think it actually has to be a transactional currency, just like you’re not trying to buy a cup of coffee with gold,” he explained. Instead, Bitcoin is positioned as a store of value, similar to gold but with more distinct advantages in the digital age.
