Crypto News– Cameron and Tyler Winklevoss have teamed up as co-owners of Real Bedford Football Club (RBFC), the brainchild of Bitcoin podcaster Peter McCormack. Their investment of $4.5 million in Bitcoin, currently valued at $67,183 per BTC, underscores their commitment to supporting the club’s vision.
Winklevoss Twins Invest 4.5M Dollars of BTC, Become Co-Owners of Bitcoin Soccer Club
The transaction was orchestrated through their investment firm, Winklevoss Capital, as confirmed in a recent announcement. This infusion of funds marks a pivotal moment for RBFC, as it solidifies plans for the future.
One notable aspect of the investment is the establishment of a Bitcoin treasury for the club. McCormack emphasized that this move serves as a hedge against potential fiat devaluation in the long term. Additionally, the funds will fuel the development of a state-of-the-art training facility and extend support to girls’ and youth football initiatives.
McCormack’s journey with RBFC began in 2021 when he acquired the club, nestled in his hometown of Bedford, United Kingdom. With a population just shy of 200,000, Bedford holds the promise of a vibrant football community.
We are a long way from the Premier League. As exciting as that is our ambition, I work on one league at a time.
McCormack
RBFC’s forward-thinking approach includes accepting Bitcoin for various transactions, including game day tickets, merchandise, sponsorships, and beverages. McCormack’s aspiration for the club to ascend to the ranks of the English Premier League, rubbing shoulders with giants like Manchester United and Chelsea, reflects his ambitious yet achievable goals.
We’re not just investing in a football club, we’re investing in a dream to bring Premier League football to Bedford.
Cameron Winklevoss
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