According to Bloomberg, Gemini founders Tyler Winklevoss and Cameron Winklevoss invested $100 million into Gemini through Winklevoss Capital Fund, at a share price of $14, with funds paid in Bitcoin. Gemini's stock closed at $5.26 on Thursday, down more than 80% over the past year; after the announcement, it rose about 15% in after-hours trading. Financial reports show that Gemini's net loss in the first quarter of this year narrowed from $149 million in the same period last year to $109 million, with revenue increasing 42% year-over-year to $50 million.

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