Winklevoss Twins Boost Pro-Trump PAC with Massive $21M Bitcoin Donation

By: Eliza Bennet

In a move that has caught significant attention in both political and crypto circles, the Winklevoss twins, Cameron and Tyler, have made a pivotal contribution of 188.4547 Bitcoin, valued at around $21 million, to inaugurate a new political action committee (PAC). This PAC, dubbed the Digital Freedom Fund, aims to fortify the Republican representation in Congress during the upcoming 2026 midterm elections and promote a crypto-friendly legislative environment influenced by the current US political landscape. The donation reflects one of the most substantial crypto-related contributions to a political cause, underscoring the growing intersection between politics and cryptocurrency.

The Digital Freedom Fund PAC has positioned itself as an essential player in promoting President Donald Trump's vision of establishing the United States as a global crypto leader. The primary objective of this PAC is to identify and support candidates who align with Trump's crypto agenda, with a particular focus on primary races that could decide the control of Congress. Tyler Winklevoss explicitly emphasized the importance of maintaining Republican control to prevent any hindrances that the opposition could pose to the proposed crypto expansion, which he dubbed the "American Golden Age." The PAC underscores its intention of steering clear of regulatory overreach by advocating for a "Skinny Market Structure Bill" and ensures to embed a "Bitcoin and Crypto Bill of Rights" for ownership, self-custody, and peer-to-peer transaction rights.

Part of the PAC's advocacy is to generally resist Central Bank Digital Currencies (CBDCs), labeling them as "totalitarian technologies" and promoting safeguarding of the developer community. Drawing parallels to the Communications Decency Act's Section 230, Tyler Winklevoss emphasized that proper legal immunity for developers would fuel innovation in the crypto space by protecting code writers from undue liability. The PAC also seeks fair banking access for crypto enterprises, thereby supporting broader digital and open banking initiatives.

Further accentuating its broad-based support for constructive regulation, the PAC has endorsed efforts from notable figures like the SEC Chairman Paul Atkins with his "Project Crypto" and CFTC Acting Chairman Caroline Pham's "Crypto Sprint" initiative. These efforts stem from strategic recommendations tabled in the 2025 Presidential Working Group report focusing on digital financial technology. With an eye towards fostering an equitable regulatory landscape, the PAC intends to engage with like-minded cryptocurrency advocacy groups in pursuing tax exemption reforms for digital asset transactions.