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Bitcoin News

Winklevoss Twins Injects $4.5M Bitcoin into Real Bedford FC

Written By:
Dishita Malvania

Last updated: April 17, 2024 4:28 PM
Published 2024-04-13
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Last updated: April 17, 2024 4:28 PM
Published 2024-04-13
Winklevoss Twins Injects $4.5M Bitcoin into Real Bedford FC

Cameron and Tyler Winklevoss, founders of Gemini, are injecting $4.5 million worth of Bitcoin into Real Bedford FC, joining forces with Peter McCormack, known for his podcast “What Bitcoin Did,” who has been steering Real Bedford towards the Premier League since he took over in 2021.

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

Today, @tyler and I are excited to announce that @winklevosscap has made a $4.5M bitcoin investment in @realbedford, becoming co-owners alongside @PeterMcCormack, and creating the first-ever football club powered by bitcoin. Why did we make this investment? A few reasons:

Peter…

— Cameron Winklevoss (@cameron) April 12, 2024

The investment will fund various initiatives, including a Bitcoin treasury for long-term goals, a new training center, a football academy to nurture local talent, and continued support for girls’ and youth football. 

Additionally, it will boost the club’s hardship fund, ensuring that financial constraints don’t hinder kids from playing football in Bedford.

Real Bedford has seen impressive growth under McCormack’s leadership, climbing from the 10th to the 9th tier in their first season and now eyeing a back-to-back promotion to the 8th. With a shared belief in Bitcoin’s potential, the trio aims to turbocharge the club’s journey to the top.

Real Bedford FC embodies the inclusive spirit of Bitcoin by developing local talent, fostering community engagement, and expanding opportunities for football enthusiasts in Bedford. 

Cameron Winklevoss commended McCormack’s progress and vision, emphasizing their investment in not just a football club but a dream to bring Premier League football to Bedford.

Peter McCormack commented, “The demands of a fast-growing club are significant, and the backing from Tyler and Cameron will allow us to continue investing in Bedford and the local community.”

Also Read: Animoca Brands Japan to Launch NFT Launchpad in Summer 2024

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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