Winklevoss Twins Invest $4.5 Million in Bitcoin-Powered Football Club

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Winklevoss Twins Invest $4.5 Million in Bitcoin-Powered Football Club
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Cameron and Tyler Winklevoss have invested $4.5 million worth of bitcoin in Real Bedford Football Club (RBFC), making it the 'first football club powered by bitcoin.' The billionaire twins decided to invest in RBFC due to its owner's vision.

Cameron and Tyler Winklevoss have invested $4.5 million worth of bitcoin in Real Bedford Football Club , making it the"first football club powered by bitcoin," according to a press release Friday.

Cameron Winklevoss told CNBC he decided to invest in RBFC and co-owned it with McCormack because of McCormack's"vision." RBFC, a non-league, semiprofessional club from Bedford, England, was purchased in 2022 by bitcoin investor and podcaster Peter McCormack. The latest deal will see the Winklevoss twins serve as co-owners of RBFC, alongside McCormack, a lifelong Bedford resident.

"You have to hold it through the good times and the bad," he added."Any journey like this will be a bumpy road. There will be setbacks and hardship."McCormack said he chose the Winklevoss twins as he wanted a partner, or partners, who could help him invest in infrastructure to scale the club. He plans to use part of the investment to secure funding to build a new training center, which he expects to cost around £1.6 million .

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