Real Bedford FC Acquires $4.5 Million in Bitcoin

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Jul 22, 2024 13:43

Peter McCormack, the club’s founder and a prominent crypto podcaster, revealed that Real Bedford FC (RBFC) acquired 66.9 Bitcoins worth $4.5 million. RBFC now holds 82.7 Bitcoins, valued at $5.37 million, purchased at an average price of $64,925 per Bitcoin. Further, McCormack stated that 15.8 Bitcoin is allocated for football-related expenses, while the remaining balance is securely held in the club’s treasury. Real Bedford FC’s acquisition of $4.5 million in Bitcoin marks a significant milestone in the fusion of sports and crypto.