Tyler and Cameron Winklevoss, founders of cryptocurrency exchange Gemini, have made a bold prediction that Bitcoin could reach $1 million per coin within the next decade. During a CNBC interview on September 12, 2025, Tyler Winklevoss stated that Bitcoin is still in its early stages, comparing it to "the bottom of the first inning" of a game. The twins believe Bitcoin will achieve this milestone by disrupting gold as the dominant store of value, positioning it as "gold 2.0" with superior digital advantages.
The prediction came alongside Gemini's highly anticipated initial public offering, which priced at $28 per share, giving the company a valuation of approximately $3.3 billion. When trading began on Nasdaq under the ticker GEMI, shares opened at $37.01 before settling around $34. The IPO represents a significant milestone for the exchange, which has evolved from a Bitcoin-only platform to supporting over 100 tokens and offering services like crypto rewards credit cards.
The Winklevoss brothers emphasized that Bitcoin doesn't need to function as a transactional currency to succeed. "We don't think it actually has to be a transactional currency—just like you're not trying to buy a cup of coffee with gold," Cameron Winklevoss explained. They highlighted Bitcoin's fixed supply as a key advantage over traditional gold, which experiences slight annual growth through mining.
Bitcoin's remarkable growth trajectory supports their optimism. When Gemini launched in 2015, Bitcoin was trading around $380 per coin. Today, it trades above $116,000, representing growth of more than 30,000% over the past decade. Recent market performance shows Bitcoin up approximately 1.5-2% over 24 hours and more than 5% over the past week, though it remains about 6% below its August all-time high of $124,128.
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