{"id":7947,"date":"2026-07-22T18:18:01","date_gmt":"2026-07-22T18:18:01","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/07\/22\/winklevoss-twins-donated-10-million-from-bitcoin-sale-to-trump-super-pac\/"},"modified":"2026-07-22T18:18:01","modified_gmt":"2026-07-22T18:18:01","slug":"winklevoss-twins-donated-10-million-from-bitcoin-sale-to-trump-super-pac","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/07\/22\/winklevoss-twins-donated-10-million-from-bitcoin-sale-to-trump-super-pac\/","title":{"rendered":"Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/winklevoss-twins-donated-bitcoin-to-trump\">Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Crypto entrepreneurs Tyler and Cameron Winklevoss donated over $10 million after liquidating Bitcoin to American super PAC MAGA Inc., which supports President Donald Trump.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">A Tuesday <a href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00892471\/2000587\/sa\/ALL\" target=\"_blank\">filing<\/a> shows each twin \u2014 the founders of the public crypto exchange, Gemini \u2014 donated over $5 million each.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The donation comes about one month after the U.S. Commodity Futures Trading Commission asked a judge to vacate the agency\u2019s $5 million penalty against Gemini.<\/p>\n<p class=\"wp-block-paragraph\">The twins back in 2024 <a href=\"https:\/\/bitcoinmagazine.com\/business\/winklevoss-twins-donate-2-million-in-bitcoin-to-donald-trump\">announced<\/a> that they had donated 30.94 Bitcoin, valued at over $2 million at the time, to President Trump\u2019s campaign, claiming it would \u201cput an end to the Biden Administration\u2019s war on crypto.\u201d\u00a0<\/p>\n<p class=\"wp-block-paragraph\">During the Biden Administration, regulators cracked down hard on crypto exchanges \u2014 including Gemini \u2014 but since President Trump took office, a number of lawsuits have been scrapped.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">MAGA Inc. has <a href=\"https:\/\/www.politico.com\/news\/2026\/07\/21\/maga-inc-cash-candidates-01006198\" target=\"_blank\">raised over<\/a> $400 million in fresh cash ahead of November\u2019s midterm elections.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">The Winklevoss twins are Bitcoin OGs<\/h2>\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/bitcoinmagazine.com\/tags\/winklevoss\">Winklevoss Twins<\/a> \u2014 who claimed they played a part in the creation of Facebook \u2014 founded crypto exchange Gemini in 2014 after being early Bitcoin backers.<\/p>\n<p class=\"wp-block-paragraph\">Crypto industry observers have long speculated that the twins are two of the biggest Bitcoin holders in the space.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The twins have long praised President Trump\u2019s pro-Bitcoin and pro-business stance, claiming it\u2019s crucial for the future of the crypto industry in the country.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Tyler in particular emphasized the need for a political shift to prevent further harm to the industry and to restore an environment conducive to innovation and economic growth.<\/p>\n<p class=\"wp-block-paragraph\">\u201cPresident Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice,\u201d he <a href=\"https:\/\/www.wsj.com\/politics\/elections\/donald-trump-campaign-crypto-bitcoin-7a2e2e4f\" target=\"_blank\">said<\/a> back in 2024. \u201cThis is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Back in May, Gemini shares <a href=\"https:\/\/bitcoinmagazine.com\/news\/gemini-stock-jumps-after-winklevoss-twins\">jumped<\/a> over 20% in after-hours trading after the Winklevoss twins announced a $100 million Bitcoin-funded investment in the company alongside Q1 earnings showing 42% year-over-year revenue growth.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The quarter\u2019s results included a narrowed net loss of $109 million and a sharp rise in services and credit card revenue, though trading volumes had fallen from a year earlier following Bitcoin\u2019s crash from its October peak.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The rally followed months of turmoil for Gemini, including layoffs, executive departures, shareholder lawsuits, and a stock price that had dropped more than 89% from its IPO high, partly offset by a CFTC derivatives license granted in April.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/winklevoss-twins-donated-bitcoin-to-trump\">Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/mathewdisalvo\">Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC Crypto entrepreneurs Tyler and Cameron Winklevoss donated over $10 million after liquidating Bitcoin to American super PAC MAGA Inc., which supports President Donald Trump.\u00a0 A Tuesday filing shows each twin \u2014 the founders of the public crypto exchange, Gemini \u2014 donated [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7948,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-7947","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7947"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7948"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}