Winklevoss Twins Donate $21M BTC To Pro-Trump PAC Ahead Of US Midterms

Cameron Winklevoss (co-founder of Gemini cryptocurrency exchange) and Tyler Winklevoss said that more than 21 million dollars worth of Bitcoin was sent to a political committee with the express intention of helping US president Donald Trump with his crypto agenda in Congress with a Republican majority.

Tyler Winklevoss posted a post on Wednesday X. said More than 188 Bitcoins were contributed (BTCThe Digital Freedom Fund PAC received a donation of $21 million (approximately) at that time.

The Gemini founders stated that their contribution had a goal to help the world. “support President Trump and his Administration’s efforts” Related to Crypto Policy by trying to influence 2026 US Midterm Elections, Support Market Structure Legislation, “fight for” There are also other concerns related to digital currencies and Blockchain.

“The Digital Freedom Fund will work with similarly aligned pro-crypto groups and look to identify and support other issues, like the de minimis tax exemption for Bitcoin [which grants tax-free status to gains under a certain amount] and other crypto transactions, that will unleash the potential of these technologies, our industry, and America,” Winklevosses, said they. “And our private position will always be the same as our public position on these matters.”

Bitcoin was donated more than a full year in advance of US federal elections scheduled for 2026. Democrats were looking forward to the 2020 election after they lost the US Senate majority and a large number of House of Representatives’ seats, along with the US presidency to Republicans. 

According to Federal Election Commission records, Digital Freedom Fund PAC has been registered as a Political Action Committee (PAC). established On July 11, with Treasurer Janna Russell. She was reportedly involved in several PACs and other nonprofits including one tied to Vivek Raaswamy, a former Republican candidate for president.

Related: Illinois governor blasts Trump’s ‘crypto bros’ in new bill signing

Winklevosses were also involved in Trump’s 2020 election. donating about $2 million in Bitcoin His campaign. This recent contribution of $21 million was probably a reference to Bitcoin’s limited supply.

Also personally, contributed about $5 million Fairshake PAC spent over $130 Million supporting candidates for Congress that it deemed worthy “pro-crypto” It said those who were opposed to it were “anti-crypto” Fairshake in 2024. Fairshake said in July It has raised $141million to use in US midterm elections including 2026.

Gemini is it buying seats at the tables? 

Both Winklevoss Brothers were invited by the White House to participate in March’s crypto summit and attend events at Trump’s inauguration following their financial and public contribution towards Trump’s 2024 campaign. The president acknowledged their support In July at a signing event for the Guiding and Establishing National Innovation for US Stablecoins Act. This act had passed Congress on a bipartisan basis.

According to reports, the Winklevosses reportedly also deepened their financial connections with Trump. investing in American BitcoinA crypto-mining company linked to the family of the president.