TLDR
- Winklevoss twins predict Bitcoin will reach $1 million per coin within 10 years by disrupting gold as a store of value
- Gemini crypto exchange went public on Nasdaq Friday, pricing shares at $28 and opening at $37.01 for a $4.4 billion valuation
- Tyler Winklevoss says Bitcoin is still in early stages, comparing current market to “bottom of the first inning”
- Other crypto leaders also made bullish predictions, with Tom Lee targeting $200,000 by end of year and Arthur Hayes predicting $250,000 in 2025
- Bitcoin currently trades above $116,000, up from $350 when the twins first discussed it on CNBC in 2015
The Winklevoss twins made bold predictions for Bitcoin’s future price during their crypto exchange’s public debut on Friday. Tyler and Cameron Winklevoss told CNBC that Bitcoin could reach $1 million per coin within the next decade.
BREAKING: 🇺🇸 BILLIONAIRE WINKLEVOSS JUST SAID LIVE ON CNBC THAT #BITCOIN IS GOING TO $1,000,000 🚀
IT’S COMING!!! pic.twitter.com/vekSzUayIv
— Vivek Sen (@Vivek4real_) September 12, 2025
Their company Gemini began trading on the Nasdaq Global Select Market under ticker GEMI on Friday afternoon. The IPO priced at $28 per share but opened at $37.01, giving the exchange a valuation of roughly $4.4 billion.
Tyler Winklevoss said Bitcoin remains in early stages despite recent gains. The cryptocurrency now trades above $116,000, up from $350 when the twins first discussed it on CNBC in 2015.
“We think there’s easily a 10x from here,” Tyler Winklevoss said during Friday’s interview. “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.'”
The twins founded Gemini in 2014 after becoming early Bitcoin investors. They previously gained fame for their role in Facebook’s creation before entering the crypto space.
Bitcoin as Digital Gold
Tyler Winklevoss compared the current Bitcoin market to the “bottom of the first inning.” He believes the cryptocurrency will reach $1 million if it successfully disrupts gold as a store of value.
“We see Bitcoin trading at $1 million dollars a Bitcoin, if it disrupts gold,” he said. “And we think Bitcoin is gold 2.0.”
Cameron Winklevoss added that Bitcoin should serve primarily as a store of value rather than a payment system. This view differs from other crypto leaders like Block co-founder Jack Dorsey.
“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,” Cameron said.
Growing Market Predictions
The Winklevoss twins join other crypto figures making bullish Bitcoin predictions. Fundstrat Global Advisors Managing Partner Tom Lee said Bitcoin could hit $200,000 by the end of this year.
BitMex co-founder Arthur Hayes has claimed $250,000 represents a realistic target for 2025. These predictions come as Bitcoin trades about 6% below its August all-time high of $124,128.
Bitcoin has gained over 5% in the past week and sits up 2% over the last 24 hours. The cryptocurrency has delivered roughly 30,000% returns over the past decade since trading near $350-$380.
New York-based Gemini allows users to buy, sell, and trade digital assets while also providing custody services. The exchange’s public listing provides capital for further expansion according to Tyler Winklevoss.
The company initially targeted a share price range of $24 to $26 before pricing at $28. Shares dipped to around $34 after the initial $37.01 opening price on Friday.