Cameron and Tyler Winklevoss donated $21 million in Bitcoin to support a Pro-Trump PAC. This marks the largest crypto contribution in the current electoral cycle.
Winklevosses' Significant Donation
The Winklevoss twins publicly announced their donation of $21 million in Bitcoin to the Digital Freedom Fund PAC on August 20, 2025. This donation is the largest crypto contribution for the 2026 elections.
Backing Trump's Crypto Policies
The donation aims to support President Trump's crypto policies for the 2026 elections. Tyler Winklevoss, co-founder of Gemini, stated that they contributed over 188 Bitcoin, worth about $21 million, to support President Trump and his administration's efforts related to crypto policy.
Market and Political Implications
The donation signifies strong support for GOP crypto policies and may influence financial markets. This move could affect regulatory discussions and impact the upcoming Skinny Market Structure Bill intended to shape digital asset oversight.
The $21 million donation from the Winklevoss twins may spark debates on self-custody and taxation, as well as influence future crypto policy initiatives.