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Real Bedford FC Ltd

#14 in Private Companies 🇬🇧 United Kingdom @realbedford realbedford.com

Bitcoin Holdings

Real Bedford FC Ltd held bitcoin since December 31, 2021.
BTC balance
82.7
$7.45M
Avg. cost / BTC
$64,933
Profit / Loss
+38.76%

About Real Bedford FC Ltd

Real Bedford FC, a non-league football club based in Bedford, United Kingdom, has garnered significant attention for its innovative integration of Bitcoin into its financial strategy. Acquired in 2021 by Peter McCormack, a prominent Bitcoin advocate and podcaster, the club has set ambitious goals to ascend through the English football leagues. McCormack's vision extends beyond the pitch, aiming to establish Real Bedford as a model for financial sustainability by leveraging Bitcoin's potential.

The club's Bitcoin strategy is multifaceted, encompassing direct investments in Bitcoin, securing sponsorships paid in Bitcoin, and maintaining a Bitcoin treasury to support long-term objectives. This approach not only aligns with McCormack's belief in Bitcoin as a hedge against inflation but also positions Real Bedford at the forefront of financial innovation in sports. By adopting Bitcoin, the club seeks to attract a global fanbase and investors who share a similar conviction in the digital asset's future.

In the competitive landscape of English football, Real Bedford's embrace of Bitcoin distinguishes it from other clubs. This strategy has attracted high-profile investors and sponsors, enhancing the club's financial stability and growth prospects. As Real Bedford progresses through the football tiers, its Bitcoin-centric approach serves as a case study for other organizations considering alternative financial models.

Recent Developments

  • July 21, 2024: Real Bedford FC significantly increased its Bitcoin holdings by acquiring 66.9 BTC at an average price of approximately $67,220 per coin, totaling $4,500,420.69. This purchase brought the club's total Bitcoin holdings to 82.7 BTC, with 15.8 BTC allocated for operational expenses related to football activities. (cointelegraph.com)

  • April 2024: Winklevoss Capital, owned by Cameron and Tyler Winklevoss, invested $4.5 million into Real Bedford FC. This investment, paid in Bitcoin, resulted in the twins becoming co-owners alongside Peter McCormack. The funds are earmarked for developing a new training center, launching a football academy, and supporting youth and girls' football initiatives. (bbc.com)

  • July 1, 2024: Gemini, the cryptocurrency exchange founded by the Winklevoss twins, signed a £500,000, five-year sponsorship agreement with Real Bedford FC. The deal, paid entirely in Bitcoin, continues Gemini's role as the men's team's front-of-shirt sponsor and strengthens the club's financial position. (realbedford.com)

  • February 11, 2022: The club reported holding 2.177 BTC, as detailed in its income report.

  • December 31, 2021: Real Bedford FC held 1.33 BTC, according to its income report.

These developments underscore Real Bedford FC's commitment to integrating Bitcoin into its financial and operational framework, setting a precedent for other sports organizations exploring similar strategies.

Real Bedford FC Ltd — Bitcoin Holdings Over Time

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