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 price of Bitcoin (BTC) to bolster the membership’s targets.

The Winklevoss twins executed the funding and acquisition by way of their funding agency, Winklevoss Capital, as per a current statement

The funding shall be used to determine a Bitcoin treasury for the membership, as McCormack advised 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 shall 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 slightly 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.

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“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 convey Premier League soccer to Bedford,” Cameron Winklevoss stated.

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

This comes after it was 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.

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