Twelve years ago, Cameron and Tyler Winklevoss went all-in on Bitcoin when it traded below $150, buying roughly 70,000 coins. While skeptics like Peter Schiff compared BTC to the 17th-century Dutch tulip mania, the twins saw it as a once-in-a-generation opportunity. Today, their holdings are worth an estimated $8.1 billion.
According to the billionaire brothers, Bitcoin’s real rally is only just beginning. They argue that within ten years, BTC could not only match but surpass gold, trading at over $1,000,000 per coin. “We’re still at the very beginning. Bitcoin should be trading at $1,000,000 once it overtakes gold,” Tyler Winklevoss told CNBC. He added that Bitcoin is “Gold 2.0,” superior to the physical metal, and predicted a tenfold rise from current levels. “When people look back a decade from now, they’ll see this was still the early stage of Bitcoin adoption.”
Their optimism is reinforced by the latest milestone: the public listing of Gemini, their crypto exchange, on Nasdaq under the ticker GEMI. Friday’s IPO saw 15.18 million Class A shares sold at $28 each, closing at $32 after briefly spiking to $40. The listing valued Gemini at roughly $3.8 billion, while the twins still control 94.5% of voting rights—surpassing even Mark Zuckerberg’s 61% control of Meta.
If Bitcoin reaches gold’s current market capitalization, that would imply a BTC price of around $1.24 million. Such a scenario would boost the Winklevoss twins’ Bitcoin wealth to nearly $87 billion. Yet, Zuckerberg still leads by a wide margin, with an estimated net worth of $265 billion according to Bloomberg’s Billionaires Index. Unlike the twins, Meta shareholders rejected adding Bitcoin reserves— a decision that, the Winklevoss brothers suggest, could look shortsighted in a decade.