## Winklevoss Twins Inject $100M Into Gemini, Sparking 20% Premarket Surge and Short Squeeze Warning
The Winklevoss brothers have poured $100 million into their embattled crypto exchange Gemini, purchasing Class A shares at $14 per share in a bitcoin-funded transaction that sent GEMI stock surging 20% in premarket trading. The investment landed after shares closed at $5.26 Thursday, leaving the stock down nearly 47% year to date—but the fresh capital injection immediately reignited interest in a name that has struggled through crypto market turbulence.

Short sellers appear exposed. Gemini's short interest sits at 21.5% of the float, representing roughly 8.3 million shares, with just 5.3 days to cover. That positioning leaves the stock vulnerable to a squeeze if upward momentum sustains. Tyler Winklevoss framed the move as a bet on undervaluation, stating that the market has significantly mispriced Gemini and that this capital will support its next growth phase. Cameron Winklevoss separately emphasized that the exchange has achieved major product and regulatory milestones, positioning it to evolve beyond a crypto company into a broader markets platform.

The capital injection adds a significant buffer for an operator navigating an intensely competitive exchange landscape and regulatory uncertainty. Whether the investment translates into durable recovery or merely a technical rebound for a heavily shorted name remains to be seen, but the move signals the founders' willingness to back their platform with personal capital amid ongoing market pressure.
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- **Source**: ZeroHedge
- **Sector**: The Vault
- **Tags**: gemini, winklevoss, crypto exchange, short squeeze, stock surge
- **Credibility**: unverified
- **Published**: 2026-05-15 13:18:50
- **ID**: 83469
- **URL**: https://whisperx.ai/en/intel/83469