How did the Winklevoss twins become involved in Bitcoin?
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The Winklevoss twins, Tyler and Cameron, became involved in Bitcoin around 2012. They initially invested approximately $11 million, acquired from the Facebook settlement, to acquire about 110,000 Bitcoin, constituting about 1% of the entire supply. Their early adoption positioned them as crypto pioneers. Building upon their investment, they co-founded Gemini, a digital currency exchange and custodian, in 2014. Since then, they’ve amassed a substantial fortune in Bitcoin, which is now worth over $6 billion
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In his recent book, Mezrich describes how the Winklevoss twins’ interest in Bitcoin began at a party in Ibiza. There, a stranger approached them about “the oldest social network on earth,” which turned out to be a reference to a digital currency system. Intrigued, the twins started to learn more.