9M
...
The billionaire Winklevoss twins have made a groundbreaking move in the sports world by investing $4.5 million in bitcoin into Real Bedford Football Club, marking the club as the first to be “powered by bitcoin.” This investment by the Gemini crypto exchange founders alongside Peter McCormack—who bought the club in 2022—aims to integrate bitcoin deeply into the club’s operations. This strategic choice reflects a strong belief in bitcoin’s potential, positioning the club uniquely in the soccer world, with future plans including a major infrastructure investment without liquidating any bitcoin.
Cameron Winklevoss emphasized the alignment in vision and persistence among the new co-owners, stressing the importance of holding onto bitcoin through fluctuating market conditions. This investment strategy is seen not just as a financial act but as a statement of confidence in bitcoin, showcasing its utility beyond mere speculation. The move sets a precedent in sports management, combining passion with innovative financial practices, potentially setting a new trend in how sports clubs are funded and operated.
