Cameron and Tyler Winklevoss will become co-owners of Real Bedford
A non-league football club has received an injection of $4.5m from a pair of cryptocurrency investors.
Real Bedford FC received the Bitcoin investment from Winklevoss Capital, an investment firm owned by Gemini founders Cameron and Tyler Winklevoss.
Podcaster Peter McCormack bought the side, currently in the ninth tier of English football, in 2021 with the goal of turning it into a Premier League club.
Following the investment the twins will assume the role of co-owners of the club alongside the cryptocurrency podcaster.
Peter McCormack bought Bedford FC in 2021 and renamed it Real Bedford.
It'll be interesting to see how their fortunes fare when it comes to football but it's really not a bad time for Bitcoin right now.
The investment will be used for the development of a new training centre, the launch of a football academy for new talent and to continue supporting girls and youth football.
The club said the funds would also be used to establish "a Bitcoin treasury to secure the club's long-term ambitions".
His brother added: "We're not just investing in a football club. We're investing in a dream to bring Premier League football to Bedford."
RBFC currently sit at the top of the Spartan South Midlands Football League Premier Division.