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Bloomberg: Gemini's Political Donations Shrink Nearly $5 Million Amid Bitcoin's Decline


2026-01-318137 Views
January 31st, according to Bloomberg, a political fundraising group initiated by cryptocurrency billionaire brothers Cameron Winklevoss and Tyler Winklevoss raised over $22 million in the last five months of 2025, but these Bitcoin-based donations may shrink significantly due to market volatility.According to the latest filings submitted to the Federal Election Commission (FEC), the twins, who operate the cryptocurrency exchange Gemini, transferred 188.4547 Bitcoins to their super PAC Digital Freedom Fund in August. At that time, the price of Bitcoin was around $114,000, but the super PAC did not immediately convert it to cash. The filings show that as of December 31st, the committee still held these Bitcoins. However, by that time, the price of Bitcoin had dropped by about 23% to below $88,000, resulting in a nearly $5 million loss in the donation's market value.




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