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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