Winklevoss twins invest $4.5m of Bitcoin in British football club

Real Bedford has recently entered into a partnership with cryptocurrency podcaster Peter McCormack, who took ownership of the club in 2022. This new collaboration is aimed at achieving several objectives, such as establishing a new training facility, forming a football academy, and enhancing support for youth and girls’ football programs.

Following Gemini’s sponsorship of the club in January 2022, the Winklevoss twins have become indirectly involved. With their recent investment, Real Bedford intends to set up a Bitcoin treasury.

The Winklevoss twins’ involvement is part of a trend wherein wealthy investors view football clubs as valuable assets. The current negotiations for the deal come after a debt restructuring at the club, which holds significance as it was where renowned player Cristiano Ronaldo began his career.

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