capital · May 16, 2026
Gemini Shares Surge After $100M Bitcoin Investment from Winklevoss Capital Fund
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Gemini secured a $100 million Bitcoin investment from Winklevoss Capital Fund at $14 per share for 7,142,857 Class A common shares on May 14, 2026. The crypto exchange reported Q1 revenue of $50.3 million, exceeding estimates, with a narrower loss than analysts projected. Services and interest income grew 122% to $24.5 million, now comprising 49% of total revenue. The Winklevoss brothers' fund executed the Bitcoin-funded private placement to support liquidity and product development at Gemini.
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