Cameron and Tyler Winklevoss, co-founders of Cryptocurrency Exchange Gemini, have said they have sent over $21 million in Bitcoin to the Political Action Committee (PAC) with the announced intention to support the Republican majority and President Donald Trump’s crypto agenda in Congress.
On Wednesday’s X-Post, Tyler Winclevos said they contributed 188 Bitcoin (BTC) to the Digital Freedom Fund PAC, which was then worth around $21 million.
According to Gemini co-founders, their goal with contribution was to “support President Trump and his administration’s efforts and support his administration’s efforts” by trying to influence the 2026 US medium-term elections.
“The Digital Freedom Fund works with similarly aligned Procrypt Groups to identify and support other issues, such as Bitcoin’s de Minimis tax-free (which allows you to obtain a fixed amount of tax-free status) and other crypto transactions, unlocking these technologies, industries and the possibilities of America. “And our private position will always be the same as our public position on these issues.”
https://www.youtube.com/watch?v=sumyysrjvzm
Bitcoin’s contribution came more than a year ago, when the US was scheduled to host its next important federal election in November 2026. After the US Senate and many House members lost their Republican seats in 2024, many Democrats have seen the next election to retrieve the next election.
According to Federal Election Commission records, the Digital Freedom Fund PAC was established on July 11th with treasurer Giannaratland. She is reportedly involved in several other PACs and organizations, including nonprofits associated with former Republican presidential candidate Vivek Ramaswamy.
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Winklevosse also played a role in Trump’s 2024 election by donating roughly $2 million in Bitcoin to his campaign. The recent $21 million donation has nodded to the total supply of Bitcoin, which is probably limited to 21 million coins.
They also donated about $5 million to Fairshake PAC. Fairshake PAC has spent more than $130 million on congressional candidates who deemed congressional candidates as “procryption” and in 2024 called them “anti-cryption.”
Does Gemini buy a table seat?
Following their public support and financial contributions to Trump’s 2024 candidacy, the Winclevos brothers were invited to attend the inauguration event and attend the March White House crypto summit. The president acknowledged their support in July during a signature ceremony for the leadership and establishment of the US Stubcoin Act, which was passed by a bipartisan vote in Congress.
Winklevosse also reportedly deepened their financial ties with Trump by investing in American Bitcoin, a crypto mining company tied to the president’s family.
The report suggests that Gemini co-founders have broken Trump’s crypto agenda by asking him to reconsider Brian Kintenz’s appointment for the chairman of the US Commodity Futures Trade Commission. The president nominated Quintenz in February, with both brothers first supporting the move in social media posts.
The report fell about a day after the Senate Agriculture Committee said the White House had requested a delay to consider Quintenz’s appointment. The move by Winklevosses appears to be at odds with several crypto and blockchain organizations who wrote a letter in support of Quintenz’s confirmation on Wednesday.
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