- Real Bedford FC is accumulating Bitcoin, guided by Bitcoin enthusiast Peter McCormack
- The team recently received a $4.5 million investment from the Winklevoss twins, boosting its crypto assets
- This move highlights a growing trend of sports teams incorporating cryptocurrency into their financial strategies
There is an English team that keeps accumulating Bitcoin.
It’s not just individual investors who are embracing bitcoin, even soccer teams are getting in on the action.
It’s the Real Bedford team, which has the same bitcoiner Peter McCormack at its helm and recently received $4.5 million in investment from the Winklevoss brothers.
The president said that the 4.5 million was used to buy Bitcoin at an average price of $67,220. That means the corporate coffers now have 82.7 Bitcoins and 15.8 free ones to be used eventually for expenses.
This is bound to generate the usual buzz that comes with diving so deep into the Bitcoin world. It’ll be interesting to see if this is replicated in a few years in other places.
Real Bedford’s Commitment to Bitcoin Culture
Real Bedford has made some big purchases recently. It’s not about getting a new full-back or director, but about making long-term investments. The team has actually bought an additional 66.9 Bitcoins, which has helped to strengthen the treasury that was already being built up right in BTC.
So, the team’s commitment to spreading Bitcoin culture through football is still going strong. They’ve always been linked to Bitcoin, especially since Peter McCormack, a well-known podcaster in the space, joined the corporate structure.
The Winklevoss brothers, who own Gemini, one of the world’s top crypto exchanges, approved the team. They’d invested the money earmarked for buying Bitcoin.
More Than Just a Publicity Stunt
Some might say this move is all about publicity, and there’s some truth to that. But it’s also about making a real impact, and that’s something we shouldn’t overlook.
Football teams also need to generate enthusiasm and attention. If they want to embrace Bitcoin, that’s up to them. This time, it’s a different story, especially at the crossroads of politics.
The decision to invest in Bitcoin by Real Bedford reflects a deeper commitment to integrating modern financial technology into the traditional world of sports. This strategic move could influence other teams to follow suit, potentially leading to a broader acceptance of cryptocurrencies in mainstream sports.
By aligning with Bitcoin, Real Bedford is not only making a financial investment but also promoting a cultural shift towards digital assets.
Curious about how football intersects with other innovative trends? Check out our article on Messi’s unique endorsement deal involving WATER, it’s another example of how football is blending with groundbreaking ideas.
