Billionaire twins invest $100 million in Gemini exchange
2026-05-14 23:29
Odaily Odaily reports that Tyler Winklevoss and Cameron Winklevoss, the billionaire twins and founders of Gemini Space Station Inc., have made a $100 million strategic investment in their struggling cryptocurrency exchange, Gemini.
According to reports, Winklevoss Capital Fund LLC injected funds into the company at a price of $14 per share, with the transaction consideration paid in Bitcoin. Gemini's stock closed at $5.26 on Thursday, rising approximately 15% in after-hours trading, but has still declined by over 80% over the past year.
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