Workflow
Gold 2.0
icon
Search documents
Gemini founders call Bitcoin ‘gold 2.0,’ eyes $1M price target
Yahoo Finance· 2025-09-13 15:48
Group 1 - The Winklevoss twins maintain an optimistic outlook on Bitcoin, predicting it could reach $1 million per coin in the next decade, referring to it as "gold 2.0" [1][3] - Bitcoin has experienced significant growth, rising from $380 in 2015 to over $115,100, marking an increase of approximately 30,000% over the past ten years [1][3] - The twins believe Bitcoin is still in the early stages of adoption, with potential growth driven by direct purchases, ETFs, and corporate treasury investments [2][4] Group 2 - Gemini's IPO launched on Nasdaq at $28 per share, exceeding the expected range of $24–$26, valuing the company at around $3.3 billion [5] - The co-founders of Gemini envision a future for crypto that includes partnerships to bring traditional markets on-chain and the development of a "super app" for managing financial assets [6] - Tyler Winklevoss emphasized that the market is not winner-take-all, suggesting there is substantial growth potential in the cryptocurrency space, with Bitcoin only one-tenth of the way to the predicted $1 million [7]