Bitcoin News Today: Winklevoss Twins Donate $21 Million in Bitcoin to Trump-Backed PAC for 2026 Midterms

Donald Trump’s pro-crypto political action committee, the Digital Freedom Fund, has received a $21 million donation in Bitcoin from Cameron and Tyler Winklevoss, co-founders of Gemini. The contribution—equal to 188.45 BTC—marks the largest Bitcoin donation to a U.S. PAC this election cycle [1]. The Winklevoss twins, who have previously backed Trump with cryptocurrency, emphasized their support is based on the ’s efforts to position the U.S. as the global leader in digital assets [2]. Tyler Winklevoss stated that the PAC’s mission is to advance Trump’s vision of making America the “crypto capital of the world,” and he described the donation as a step toward shaping pro-crypto legislation [3].

The Winklevoss brothers are not newcomers to using cryptocurrency in political support. In 2024, they contributed $2 million in Bitcoin to Trump’s presidential campaign and $3.5 million to the MAGA Inc. super PAC. However, parts of those donations exceeded federal limits and were later refunded [4]. The latest contribution to the Digital Freedom Fund is intended to strengthen Trump’s political influence and support Republican-aligned candidates heading into the 2026 midterm elections [5]. The PAC, formed in July 2025, operates under super PAC rules, allowing it to raise and spend unlimited funds independently of any candidate [6].

The Winklevosses have also proposed legislative initiatives to bolster the crypto industry’s regulatory environment. These include the “Skinny Market Structure Bill,” which seeks to clarify regulatory oversight by preventing overlapping jurisdictions between the SEC and CFTC. Additionally, they have pushed for a “Bitcoin & Crypto Bill of Rights,” which would ensure Americans retain the right to own and transact in digital assets without government interference [7]. Their position is clear in opposing the development of a U.S. central bank digital currency, which they argue could empower unelected officials to exert excessive control over financial activity [8].

The Winklevosses also criticized attempts to restrict banking services based on political or business affiliations, drawing comparisons to past controversies such as Operation Choke Point. Their comments reflect broader concerns within the crypto industry about regulatory overreach and political targeting [9]. Beyond donations, the Winklevosses have recently deepened their financial and political alliance with Trump, including investments in American Bitcoin Corp., a mining company connected to Trump’s sons [10]. Tyler Winklevoss expressed optimism about Trump’s 2024 election win, calling it a “historic landslide,” and stated the family’s commitment to supporting Trump’s vision for a “Golden Age” of American economic and technological leadership [11].

The Digital Freedom Fund, like other super PACs, is not permitted to directly contribute to candidates but can independently support political efforts. As of now, the Federal Election Commission has not yet published a full accounting of the PAC’s financial activity [12].

Source:

[1] FinanceFeeds, https://financefeeds.com/winklevoss-twins-donate-21-million-in-bitcoin-to-pro-trump-super-pac/

[2] Bitcoin.com News, https://news.bitcoin.com/crypto-billionaires-inject-21m-bitcoin-to-help-make-america-the-crypto-capital/

[3] Ground News, https://ground.news/article/geminis-winklevoss-brothers-donate-21-million-in-bitcoin-to-a-trump-friendly-pac

[4] The Block, https://www.theblock.co/post/367689/geminis-tyler-and-cameron-winklevoss-donate-188-bitcoins-to-pro-trump-pac

[5] AInvest, https://www.ainvest.com/news/bitcoin-news-today-winklevoss-twins-donate-21m-btc-pro-trump-pac-2026-midterms-2508-1/

[6] OKX, https://www.okx.com/learn/donate-digital-winklevoss-bitcoin-crypto-policy

[8] AInvest, https://www.ainvest.com/news/bitcoin-news-today-winklevoss-twins-donate-188-45-btc-gop-crypto-pac-pro-crypto-legislation-2508/

[9] NewsBTC, https://www.newsbtc.com/news/bitcoin/trump-crypto-bitcoin-donation/

[10] Mitrade, https://www.mitrade.com/insights/news/live-news/article-3-1058979-20250821