PANews reported on January 31 that, according to Bloomberg, a political fundraising group launched by Gemini co-founders Cameron Winklevoss and Tyler WinklevossPANews reported on January 31 that, according to Bloomberg, a political fundraising group launched by Gemini co-founders Cameron Winklevoss and Tyler Winklevoss

The Winklevoss brothers' political fundraising group saw its Bitcoin holdings shrink by nearly $5 million.

2026/01/31 14:01

PANews reported on January 31 that, according to Bloomberg, a political fundraising group launched by Gemini co-founders Cameron Winklevoss and Tyler Winklevoss raised over $22 million in the last five months of 2025, but these Bitcoin-based donations shrank by nearly $5 million due to market price fluctuations.

According to recent filings with the Federal Election Commission, Cameron Winklevoss and Tyler Winklevoss transferred 188.4547 bitcoins to their Super PAC, the Digital Freedom Fund, last August. At the time, bitcoin was worth approximately $114,000, but the Super PAC did not immediately convert it into cash and held it until December 31, the filings show. The price of bitcoin has since fallen by about 23%, dropping below $88,000, reducing the value of the donation by nearly $5 million.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts

SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts

The post SBI Holdings introduces SBI Hyper Deposit with XRP gifts and rate cuts appeared on BitcoinEthereumNews.com. Key Takeaways SBI Holdings has introduced ‘SBI Hyper Deposit’, automating transfers between bank and securities accounts. Launch incentives include XRP cryptocurrency gifts and reduced mortgage rates for early adopters. SBI Holdings launched “SBI Hyper Deposit,” a new service that automates transfers between bank and securities accounts. The Japanese financial services company is offering launch incentives including XRP gifts and reduced mortgage rates to customers who sign up for the automated transfer system. The service is designed to streamline the movement of funds between different SBI financial products, allowing customers to manage their banking and investment accounts more efficiently through automated transfers. Source: https://cryptobriefing.com/sbi-holdings-hyper-deposit-xrp-incentive/
Share
BitcoinEthereumNews2025/09/18 20:52
Why Was Coinbase’s Brian Armstrong Snubbed by Top US Bank CEOs at Davos?

Why Was Coinbase’s Brian Armstrong Snubbed by Top US Bank CEOs at Davos?

The post Why Was Coinbase’s Brian Armstrong Snubbed by Top US Bank CEOs at Davos? appeared first on Coinpedia Fintech News Reportedly, JPMorgan CEO Jamie Dimon
Share
CoinPedia2026/01/31 16:43
Visa and Mastercard Say Stablecoins Aren’t Ready for Everyday Payments in Developed Markets

Visa and Mastercard Say Stablecoins Aren’t Ready for Everyday Payments in Developed Markets

Visa and Mastercard Say Stablecoins Are Not Yet Ready for Everyday Payments Global payment giants Visa and Mastercard have signaled caution on the role of stabl
Share
Hokanews2026/01/31 16:08