Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and CEO of Gemini Trust Co., on stage during the Bitcoin 2025 conference in Las Vegas, Nevada, on May 27, 2025.
Bridget Bennett | Bloomberg | Getty Images
The Winklevoss twins, known for their cryptocurrency venture Gemini Space Station, are preparing for a public offering. They are optimistic about the future of Bitcoin, predicting that its price could soar to $1 million within the next decade.
Tyler Winklevoss shared his insights during an interview on CNBC’s “Squawk Box“, stating, “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. We think Bitcoin is gold 2.0.”
He elaborated, “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.’ I think few people actually listened back then, so hopefully more people listen today.”
Since the inception of Gemini in 2015, when Bitcoin was valued at just $380, the cryptocurrency has experienced a meteoric rise. Currently, Bitcoin is trading above $115,100 per coin, marking an astonishing increase of over 30,000% in the last decade.
Bitcoin, year to date
The Winklevoss twins made their appearance ahead of Gemini’s initial public offering, which was priced at $28 per share late Thursday, according to Bloomberg. A source familiar with the offering revealed that the company priced the offering above its expected range of $24 to $26, valuing the company at approximately $3.3 billion.
“We’ve come a long way,” Tyler Winklevoss remarked during the CNBC interview.
— CNBC’s Tanaya Macheel contributed to this report.
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