According to ChainCatcher, Bloomberg reported that a political fundraising group initiated by Gemini co-founders Cameron Winklevoss and Tyler Winklevoss raised over $22 million in the last five months of 2024. However, these Bitcoin-based donations have lost nearly $5 million in value due to market price fluctuations. According to the latest filings submitted to the Federal Election Commission, Cameron Winklevoss and Tyler Winklevoss transferred 188.4547 Bitcoin to their super PAC, the Digital Freedom Fund, in August last year. At that time, Bitcoin was priced at around $114,000, but the super PAC did not immediately convert the Bitcoin into cash. As of December 31, the PAC still held the Bitcoin, the documents show. Bitcoin's price has since dropped about 23%, falling below $88,000, causing the value of the donations to shrink by nearly $5 million.
Winklevoss Brothers' Political Fund Loses $5M in Bitcoin Value
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Summary
Bitcoin news reports that the Winklevoss twins' political PAC, the Digital Freedom Fund, lost nearly $5 million in Bitcoin value due to market fluctuations. The group received 188.4547 BTC in August 2025 at a price of $114,000. By the end of the year, Bitcoin analysis showed the price had dropped 23% to below $88,000. The PAC held onto the Bitcoin through December 31, 2025, without converting it into cash.
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