Sunday, April 20, 2025

Winklevoss twins become co-owners of Bitcoin soccer club, inject $4.5M BTC


Cameron and Tyler Winklevoss have joined as co-owners of Bitcoin podcaster Peter McCormack’s Actual Bedford Soccer Membership (RBFC), after investing $4.5 million value of Bitcoin (BTC) to bolster the membership’s targets.

RELATED POSTS

The Winklevoss twins executed the funding and acquisition via their funding agency, Winklevoss Capital, as per a latest statement

The funding might be used to ascertain a Bitcoin treasury for the membership, as McCormack informed Cointelegraph, it’s to safeguard the membership “in opposition to long run fiat debasement.”

“The funding helps with the infrastructure, we have to develop this with our ambitions,” McCormack defined.

Supply: Gemini

Moreover, the funds might be allotted in direction of the event of a brand new coaching middle and ongoing assist for women’ and youth soccer.

In 2021, McCormack acquired RBFC, his hometown soccer membership in Bedford, with its inhabitants just below 200,000.

He holds ambitions of bringing RBFC — which accepts Bitcoin for recreation day tickets, merchandise, sponsorships, and drinks — to compete in the identical league as well-known United Kingdom golf equipment like Manchester United and Chelsea Soccer Membership.

ADVERTISEMENT

Associated: Gemini mulled forming a ‘juggernaut’ with Genesis before it went to smoke

“We’re a good distance from the Premier League as thrilling as that’s our ambition, I work on one league at a time,” McCormack said.

The Winklevoss twins share the identical imaginative and prescient as McCormack of bringing RBFC to the highest league in the UK.

“We’re not simply investing in a soccer membership, we’re investing in a dream to carry Premier League soccer to Bedford,” Cameron Winklevoss mentioned.

“We share in Peter’s deep conviction in Bitcoin and its potential to supercharge RBFC’s quest to make it into the Premier League,” Tyler Winklevoss added.

This comes after it was just lately reported that the Winklevoss twins donated $4.9 million to the crypto-focused Fairshake super political action committee (PAC) to assist crypto-friendly candidates within the upcoming United States elections.

Journal: 1 in 6 new Base meme coins are scams, 91% have vulnerabilities