Gemini Credit Card Reaches Saylor – How its Growth is Linked With Tesla Cybertruck

Gemini Credit Card:- At the ongoing Bitcoin 2025 Conference, the founders of Gemini crypto exchange are leading an aggressive campaign to drive the growth and adoption of Gemini Credit Card.

Tyler and Cameron Winklevoss, the co-founders of Gemini, today handed out the Bitcoin Credit Card of Gemini to Strategy founder Michael Saylor.

In a post that quickly went viral on X, Gemini quipped: “Saylor has a Bitcoin Credit Card and you don’t?”

This comes after the launch of Bitcoin Credit Card last week on 19 May. The launch of the Gemini Credit Card comes as the strong move of the company to diversify its business presence beyond just the crypto exchange services.

Even though Gemini has its credit card even before however, the new credit card is focused only on Bitcoin. It is simply a revamped version of its 2022 crypto rewards card.

Saylor has a Bitcoin Credit Card and you don’t? pic.twitter.com/vAj2hIQJJp

— Gemini (@Gemini) May 27, 2025

The Bitcoin Only Gemini Credit Card

The Gemini Credit Card allows users to earn Bitcoin instantly on their real-world transactions. This simply implies that whenever any user in the 50 states of United States make transactions for rideshare, fuels their vehicles at the stations, they can earn Bitcoin.

The card also includes activities such as while dining and buying groceries.

It is interesting to note that within 48 hours of the launch, the card saw immense adoption from users. Though official figures are still awaited in its Q2 report, estimates reveal that early-adopter cardholders have routed millions of dollars in spending through the new Bitcoin Card.

Obviously, the 4% BTC back rewards is swaying the users, however it isn’t the only incentive. Gemini is following a very unique and smart incentive strategy to byoy the users living in 50 states of United States. It is “Gemini Cybertruck Sweepstakes”.

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How the Card and Tesla Cybertrucks are Linked

Alongside the Gemini Credit card launch, the company also announced the Tesla Cybertruck giveaway – that is what really driving the buzz among users.

Under this partnership with Tesla, it is giving away two Cybertruck “Cyberbeast” editions in a Bitcoin-themed vinyl. Each cybertruck is somewhere valued at $113,735. Further, the use of  Bitcoin-coloured theme – orange – is chosen for more explicitl showcase of its relation with Bitcoin.

It has made this incentive available for users who transact by its card. For every $50 spent or traded, users earn one entry. With a maximum of 20,000 entries per user, the promotion is driving both card activation and platform engagement.

Boost for Bitcoin DeFi With Smart Marketing

Not only in widening Gemini’s operations, the Bitcoin Credit Card could have a lasting impact on the Bitcoin ecosystem as well — particularly in its intersection with DeFi.

Since every transaction made with the card is rewarded in Bitcoin, it will also help in gently onboarding users into managing BTC wallets and interacting with digital assets in real time.

As these users accumulate and withdraw their rewards, they become candidates for future participation in Bitcoin-native DeFi services. They are likely to use the earned Bitcoin for staking, lending or other services. This will in turn can help in boosting the ongoing efforts of bringing Bitcoin to DeFi.

Further, Michael Saylor’s public embrace of Gemini’s new card lends it the kind of institutional credibility that could accelerate adoption.

Thus, as Gemini’s Bitcoin Credit Card finds its way into more wallets, Tesla Cybertruck incentive comes as a strong marketing tip.

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