Winklevoss Twins Donate $21M Bitcoin to Trump PAC Supporting Crypto Candidates
Winklevoss Twins Donate $21M Bitcoin to Trump PAC Supporting Crypto Candidates

Winklevoss Twins Donate $21M Bitcoin to Trump PAC Supporting Crypto Candidates

News summary

The Winklevoss twins, founders of Gemini and prominent Bitcoin billionaires, have made significant moves to support pro-crypto initiatives aligned with President Donald Trump's administration. They recently donated $21 million worth of Bitcoin to the Digital Freedom Fund PAC, aimed at supporting pro-crypto candidates in the 2026 midterm elections and advancing legislation favorable to the crypto industry, such as the Bitcoin Bill of Rights. The twins emphasize the importance of Republican control of Congress to fast-track Trump's crypto agenda and warn against potential Democratic opposition tactics. In addition, they have partnered with Trump’s sons, Donald Trump Jr. and Eric Trump, to back a large-scale Bitcoin mining project within the U.S., focusing on using American-made energy and reducing reliance on Chinese mining. This collaboration is seen as a strategic blend of political influence and crypto innovation, with potential impacts on the U.S. crypto mining landscape and national security. The initiative also addresses environmental concerns by utilizing greener energy sources, aiming to create a stable and sovereign domestic mining infrastructure.

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