On July 24, Gemini donated $10 million worth of Bitcoin to MAGA Inc., a super PAC supporting President Trump. According to a report filed with the U.S. Federal Election Commission (FEC), Gemini co-founders Cameron Winklevoss and Tyler Winklevoss made two separate donations on June 19, each valued at over $5 million. The Winklevoss brothers previously donated $1 million each to Trump’s 2024 campaign and contributed $21 million in Bitcoin to the Digital Freedom Fund PAC. As of June 30, MAGA Inc. reported having received over $397 million in total funding.
Gemini donates $10 million in Bitcoin to the pro-Trump super PAC MAGA Inc.
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Summary
Bitcoin breaking news: On July 24, Gemini donated $10 million in Bitcoin to MAGA Inc., a pro-Trump super PAC. According to the FEC, the Winklevoss brothers made two payments of over $5 million each on June 19. They had previously donated $1 million to Trump’s 2024 campaign and $21 million in Bitcoin to the Digital Freedom Fund PAC. As of June 30, MAGA Inc. had raised over $397 million.
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