Billionaire crypto entrepreneurs Tyler and Cameron Winklevoss have donated an additional $21 million in bitcoin to a political action committee backing U.S. President Donald Trump, deepening their financial and political support for the Republican leader ahead of the 2026 midterm elections.
The donation, made in the form of 188 bitcoins, was directed to the Digital Freedom Fund PAC, which was formed in July, according to a statement on Wednesday.
“The mission of the @FreedomFundPAC is to help realize President Trump’s vision of making America the crypto capital of the world,” Tyler Winklevoss wrote on social media platform X. He said the twins intend to continue lobbying for new legislation aimed at clarifying oversight of the digital asset sector.
The Gemini exchange founders are advocating for a “Skinny Market Structure Bill” to prevent overlapping jurisdiction by the Securities and Exchange Commission and the Commodity Futures Trading Commission. They have also floated a “Bitcoin & Crypto Bill of Rights” to enshrine Americans’ ability to own and transact digital assets without government interference.
The brothers oppose a potential U.S. central bank digital currency, arguing it could give unelected officials outsized power over financial activity. They also criticized efforts that restrict banking services based on political or business affiliations, drawing comparisons to past controversies such as Operation Choke Point.
The Winklevoss twins have become some of Trump’s most vocal backers in the crypto industry. Last year, they donated $2 million in bitcoin directly to his presidential campaign, though a portion exceeded federal contribution limits and was refunded. They later gave about $3.5 million in bitcoin to the pro-Trump MAGA Inc. super PAC and have since invested in American Bitcoin Corp., a mining company tied to Trump’s sons.
In Wednesday’s post, Tyler Winklevoss praised Trump’s 2024 election win, which he called a “historic landslide,” adding that the latest contribution was intended to support both the president and Republican-aligned candidates.
“We want the American Golden Age and we are ready to fight for it,” Tyler wrote. “And we don’t just want another year of it, we want three more years of it.”
Super PACs are not allowed to donate directly to candidates but can raise unlimited funds to independently support political campaigns. The Federal Election Commission has not yet published a full accounting of donations to the Digital Freedom Fund.
By Finance Feeds
about 7 hours ago
