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Celebrity investments: Winklevoss twins back first Bitcoin-powered football club

By:
on Apr 16, 2024
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  • Gemini crypto exchange founders the Winklevoss brothers are no strangers to investing.
  • And now, they've backed what they're calling the first Bitcoin-powered football club.
  • Cameron and Tyler Winklevoss used $4.5 million in Bitcoin to buy the Real Bedford Football Club.

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Winklevoss twins Cameron and Tyler Winklevoss, the cryptocurrency investors known for founding crypto exchange Gemini and for suing Facebook in its early days, have a new investment.

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On April 12th, Bitcoin conference CheatCode opened its doors in Bedford, United Kingdom. Among its speakers for the day was Real Bedford Football Club (RBFC) chairman Peter McCormack.

During the announcements section of the conference, towards the end of the day, McCormack unveiled some exciting news: Cameron and Tyler Winklevoss, have made a $4.5 million investment, using Bitcoin, into Real Bedford FC, making them co-owners of the club alongside McCormack.

Part of the new club initiatives the Winklevoss twins are planning include the “establishment of a Bitcoin treasury”.

First ever Bitcoin FC?

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According to the Winklelvoss twins, this makes RBFC the first football club ever to be powered by Bitcoin.

On Friday the 12th, Tyler Winklevoss commented on the new investment, saying:

We share in Peter’s deep conviction in Bitcoin and its ability to supercharge RBFC’s quest to make it into the Premier League.”

About the Winklevoss twins

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Cameron and Tyler Winklevoss are ‘mirror image’ identical twin brothers with an illustrious career in both the crypto space and investing.

Previously Olympic rowers, the Winklevoss brothers shot to fame in 2004 when they very publicly sued Facebook and Mark Zuckerberg, claiming that he stole their ideas behind ConnectU, a social network created by the twins for the alma mater, Harvard University.

The incident made such a splash that it was included in Hollywood film The Social Network, in which actor Armie Hammer portrayed the twins.

Then, in 2014, Cameron and Tyler Winklevoss, who had until then been involved in a string of private investments into cryptocurrencies, founded crypto exchange Gemini.

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