Winklevoss Twins See Bitcoin Trading At $1 Million: ‘It’s Still Very Much The Bottom Of Th

September 20, 2025

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The Winklevoss twins have joined the chorus predicting that Bitcoin will hit $1 million.

“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,” Gemini (NASDAQ:GEMI) co-founder Tyler Winklevoss told CNBC last week.

Winklevoss went on to suggest that he expected Bitcoin to disrupt gold, calling the digital asset “gold 2.0.” He said that he and his brother, fellow Gemini co-founder Cameron Winklevoss, had made a similar prediction 10 years ago, when the asset traded at only $380. It was last trading at $115,000, a more than 30,000% increase since then.

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“We think there’s easily a 10x from here,” Tyler said. “It’s still really early. And I think we’ll be sitting here 10 years from now and looking back and saying, ‘Wow, today was really early.'”

Winklevoss also said that Bitcoin did not need to become a transactional currency, contrasting the views of fellow Bitcoin proponent and Block (NYSE:XYZ) CEO Jack Dorsey.

“Just like you’re not trying to buy a cup of coffee with gold, it’s a store of value. And if that’s all bitcoin is, is gold 2.0, that’s tremendous,” Winklevoss said.

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The Winklevoss twins appeared on CNBC ahead of Gemini’s listing on the Nasdaq. The stock opened for trading on Friday at $37 and surged to nearly $46 on the day, well above the offer price of $28. Gemini traded at $32.52 at the close on Monday, valuing the company at just over $3.8 billion.

Cameron Winklevoss said that one of the main differences between Gemini and market leader Coinbase (NASDAQ:COIN) was the Gemini credit card. The card allows users to earn up to 4% back in Bitcoin and other supported cryptocurrencies on purchases. Winklevoss said that with Bitcoin’s expected price appreciation, the purchases made with the card could effectively prove to be free in the future.

VanEck Head of Digital Assets Research Matthew Sigel last week attributed an 800% year-on-year and 49% month-on-month increase in Gemini app downloads to demand for the credit card.

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​But Coinbase also launched the Coinbase One Card in June, a similar product backed by American Express (NYSE:AXP).

Gemini Earn, a previous earning product that allowed retail customers to receive interest for lending out their assets, drew a securities lawsuit from the Securities and Exchange Commission in 2023. But Gemini and the SEC have reached a settlement in the case, according to a Monday filing, as the regulator scales back its enforcement-heavy approach towards the cryptocurrency industry under the Trump administration.

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This article Winklevoss Twins See Bitcoin Trading At $1 Million: ‘It’s Still Very Much The Bottom Of The First Inning’ originally appeared on Benzinga.com