Gemini Stock Jumps on Revenue Rise, $100M Bitcoin Investment From Winklevoss Capital
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- Gemini posted Q1 2026 revenue of $50.3 million, a 42% year‑over‑year increase.
- Winklevoss Capital Fund invested $100 million in Gemini, paying in Bitcoin at $14 per share.
- Gemini shares rose >16% in pre‑market trading to $6.11, briefly hitting $6.96.
- Gemini Olympus secured a CFTC Derivatives Clearing Organization license, complementing its Designated Contract Market status.
- Gemini services revenue jumped 122% to $24.5 million, now 49% of total revenue, while traditional exchange revenue fell 27%.
Why it matters: Investors benefit from Gemini’s higher‑margin services and $100M Bitcoin infusion, while traditional crypto traders see a 27% dip in exchange revenue; the CFTC license lets Gemini capture growing derivatives demand.
