JAKARTA The twins, Cameron and Tylerhubunganvoss, have joined as owners of the Bitcoin podcaster's Real Total Football Club (RBFC), Peter McCormack, after investing $4.5 million in Bitcoin to support the club's plans going forward.
The investments and acquisitions were made by the Danavoss twins through their investment firm,hubunganvoss Capital, as stated in a recent statement.
The funds will be used to form a Bitcoin cash for the club. McCormack said the cash aims to protect the club "from a long-term fiat decline."
"This investment helps with infrastructure. We need to develop this with our ambitions," explained Peter McCormack, quoted by VOI from Cointelegraph.
In addition, the funds will be allocated to develop new training centers and ongoing support for women's and youth football.
McCormack, who bought the RBFC in 2021, which is based in his hometown intensify, England, with a population of less than 200,000 people, has ambitions for the RBFC to compete in the Premier League with famous English clubs such as Manchester United and Chelsea. RBFC itself - accepts Bitcoin for match tickets, merchandise, sponsorships, and drinks -
"Right now we are still far from the Premier League. Even though it is our exciting ambition, I have worked in one league at a time," McCormack said.
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Theluvoss twins share McCormack's vision to bring the RBFC to the top league in England. "We're not just investing in a football club, we're investing in a dream to get my way into the Premier League," said Cameronhubunganvoss.
"We share Peter's deep confidence in Bitcoin and his ability to accelerate RBFC's achievements to enter the Premier League," added Tyler Dunvoss.
The news comes after it was recently reported that doublesVIvoss donated $4.9 million to the crypto-focused super political action committee to support crypto-friendly candidates in the upcoming United States general election.
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