Real Bedford FC Ltd
Bitcoin Holdings
- 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.
Historical Bitcoin Holdings
Balance | Change | Total Cost Basis | Cost Basis per BTC | ||
|---|---|---|---|---|---|
Log in or create an account to see historical BTC holdings | |||||
Similar Entities
- 🇺🇸
Zap Solutions, Inc (Strike)
1,500 BTC - 🇺🇸
GIGA Inc.
1,210 BTC - 🇫🇷
Melanion Digital
341.7 BTC - 🇺🇸
Angel Studios, Inc.
303.1 BTC - 🇧🇲
Meanwhile Incorporated
123.2 BTC - 🇩🇪
Evertz Pharma
100 BTC - 🇦🇷
Roxom Global
98.08 BTC - 🇺🇸
Circle Internet Group, Inc.
73 BTC - 🇨ðŸ‡
Relai
30 BTC - 🇺🇸
Stacking Sats Inc
25.8 BTC - 🇺🇸
Pepperoni Software
17.6 BTC - 🇲🇽
Arcadiaâ‚¿
16 BTC - 🇨ðŸ‡
SayNode Operations AG
15.04 BTC - 🇨ðŸ‡
Bitcoin Association Switzerland
15.02 BTC
