[Winklevoss Brothers Invest $100 Million in Crypto Exchange Gemini] According to Bloomberg, Gemini founders Tyler and Cameron Winklevoss have made a $100 million 'strategic investment' in the crypto exchange, purchasing Class A common stock at $14 per share, with payment made in Bitcoin. The exchange's stock closed at $5.26 on Thursday, rising approximately 15% in after-hours trading, though it has fallen over 80% in the past year. Gemini's first-quarter net loss narrowed to $109 million, compared to $149 million in the same period last year; revenue grew 42% to $50 million, primarily driven by income from services such as credit cards. CEO Tyler Winklevoss stated that the market has significantly undervalued Gemini, and this investment will help the company transition from a crypto company to a market company.