Tyler and Cameron Winklevoss, founders of Gemini Space Station Inc., invest $100 million through their Winklevoss Capital Fund into the money-losing crypto exchange and related prediction-market business, according to multiple reports. The investment is described by the company as a “strategic investment,” announced in connection with Gemini’s earnings reporting. Bloomberg and PYMNTS both characterize the funding as aimed at supporting Gemini’s development, while TNW reports that the purchase is executed at a premium to the recent trading price. TNW says shares rose more than 20% in premarket after the fund bought $100 million of stock at $14 per share, compared with Thursday’s closing price of $5.26. In its latest earnings update, Gemini reports a smaller loss than some expectations and increases in revenue, including a 42% year-over-year revenue rise cited by PYMNTS. The sources present the same core facts: the investment amount, that it comes from entities controlled by the founders, and that it follows Gemini’s recent financial results, with the market reacting positively to the announcement.