Gemini’s Cameron Winklevoss Says Bitcoin Is Trading At 50% Discount

Gemini co-founder Cameron Winklevoss claims Bitcoin is trading at a 50% discount, urging investors to buy the dip. In a social media post, Winklevoss argues that Bitcoin's current price of $64,750 U.S. is a 50% decline since October 2025, which he describes as a discount rather than a warning sign. This follows Bitcoin's journey from an all-time high of $120,000 U.S. in the autumn to as low as $58,000 U.S. in June.

Winklevoss, who owns an estimated 70,000 BTC worth $4.6 billion U.S., notes that this downturn has affected Gemini, the exchange he co-founded. Earlier this year, the Winklevoss twins transferred $130 million U.S. worth of BTC to Gemini wallets, interpreted by analysts as preparation for a potential sale. Gemini has been grappling with the downturn, cutting 30% of its workforce in recent months and shifting focus to prediction markets.

Winklevoss attributes Bitcoin's price decline over the past 10 months to the popularity of AI stocks rather than crypto fundamentals.