capital · May 18, 2026
Gemini Stock Surges on Q1 Beat and $100 Million Winklevoss Investment
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Gemini (NASDAQ: GEMI) stock gapped up 20-25% premarket on May 15, 2026, following its Q1 2026 earnings release and $100 million investment announcement. Revenue grew 42% to $50 million, with services and interest income now at 49% of total revenue. The company raised full-year guidance to $1.428 billion. Winklevoss Capital paid the $100 million investment in bitcoin at $14 per share. Interim CFO noted the founders' direct investment demonstrates conviction and capital to execute 2026 priorities including disciplined cost management and diversification away from digital asset trading.
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