U.As we speak – Actual Bedford FC, a non-league English soccer membership, has made headlines after buying $4.5 million value of Bitcoin (BTC). The membership's founder, well-known crypto podcaster Peter McCormack, introduced that he acquired 66.9 BTC for $4,500,420.69, at a worth of round $67,220 per Bitcoin.
Backed by Winklevoss Capital and co-owned by McCormack, Actual Bedford FC has large ambitions. Since taking on the reins of the membership in 2021, McCormack has been aiming to take Bedford FC to the English Soccer League and in the end the Premier League. This imaginative and prescient led to the membership's current title change to Actual Bedford FC and the membership's adoption of Bitcoin earlier this yr.
The membership at the moment has 82.7 BTC in its coffers, bought at a mean worth of round $64,925 per Bitcoin, though not all of it’s untouched, as 15.8 BTC has been put aside for football-related bills.
The crypto world took discover of this strategic funding, with MicroStrategy's Michael Saylor chiming in together with his approval, commenting that he’s a “actual Edford,” whereas Bitwise's Hunter Horsley known as McCormack a “legend.”
“Actual Bedford FC's strategy units them aside as a forward-thinking crew in soccer, particularly with the worth of Bitcoin growing during the last two weeks. Funds from this funding shall be used to assist services enhancements and community-building initiatives to make sure the membership's progress and sustainability.”
This text was initially revealed on U.As we speak
