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Winklevosses tout $1M Bitcoin as Gemini lists
Maya Chen
Senior Analyst
Published
Jan 16, 2026
- 2025-09-15
Big call
Tyler and Cameron Winklevoss say Bitcoin is still early. They see $1 million per coin within ten years if it disrupts gold. Tyler told CNBC they first sat on that set in 2015 when BTC was $350. It is now above $116,000. “We think there’s easily a 10x from here.” Cameron framed Bitcoin as a store of value, not a payments rail. You do not buy coffee with gold. You do not need to buy coffee with Bitcoin.
IPO snapshot
Their exchange, Gemini, went public on Friday. The IPO priced at $28 a share. Trading opened at $37.01 on the Nasdaq Global Select Market under GEMI, implying about a $4.4 billion valuation. Shares later dipped to roughly $34. Gemini lets users buy, sell, and speculate on digital assets. It also runs custody.
Market view
Bitcoin traded near $116,507 at the time of writing, up 2 percent on the day and more than 5 percent on the week. It sits about 6 percent below the August all time high of $124,128. Big targets are everywhere. Tom Lee says $200,000 by year end. Arthur Hayes calls $250,000 in 2025. The twins aim higher with $1 million in a decade. If Bitcoin keeps stealing gold’s role, price has room. If not, the market will say so. For now, the bid is firm and the story is loud.
Disclaimer: This document is intended for informational and entertainment purposes only. The views expressed in this document are not, and should not be taken as, investment advice or recommendations. Recipients should do their own due diligence, taking into account their specific financial circumstances, investment objectives and risk tolerance, which are not considered here, before investing. This document is not an offer, or the solicitation of an offer, to buy or sell any of the assets mentioned.