Cameron and Tyler Winklevoss announced Wednesday that they have donated over $21 million worth of Bitcoin to a new pro-crypto PAC—one they proudly unveiled will be principally focused on defeating Democrats and supporting Republicans in the 2026 midterms.
“We will identify and support champions of President Trump’s crypto agenda in primary races and the midterm elections,” Tyler Winklevoss said. “If the Republicans lose either the House or Senate in the midterms […] then Democrats will have power to slow down and interfere with President Trump’s agenda.”
The PAC, dubbed the Digital Freedom Fund, will be focused first and foremost on supporting President Donald Trump’s crypto agenda, the brothers said. To kick-start the initiative, they have donated 188.4547 BTC—a sum worth about $21.5 million at writing.
The openly partisan move from the Gemini co-founders is perhaps unsurprising in light of their enthusiastic endorsement of the president’s campaign in mid-2024, months before other industry leaders embraced the polarizing leader.
But most other pro-crypto political spending groups have taken pains to, at the very least, appear nonpartisan.
In 2024, top donors to Fairshake, the $300 million crypto super PAC behemoth, made what they at the time considered to be a difficult choice to endorse certain pro-crypto Democrats over reliably supportive Republican candidates, in the aim of not making crypto a partisan issue.
Even now, as leaders of crypto’s most powerful companies lavish the Trump administration with praise and hobknob with the president’s advisors, they continue to publicly frame their lobbying efforts as decidedly politically agnostic.
The Winklevoss twins, however, are taking a different path into the 2026 midterms.
They do maintain that their new political spending organ will be focused on crypto policy matters, including aiding the passage of a “skinny” crypto market structure bill that imposes few regulations on the sector, banning an American central bank digital currency, or CBDC, and legally enshrining protections for software developers.
But the brothers also explicitly stated Wednesday that they believe they can only achieve said goals by defeating Democrats in the upcoming midterms.
“We know from their past behavior that they will resort to whatever bad faith tactics and tricks they can think of (e.g., bogus impeachments, lawfare, etc.) to try to derail the president,” Tyler Winklevoss said of the Democratic Party, should it regain control of either chamber of Congress next year.
“We want the American Golden Age and we are ready to fight for it,” he continued. “And we don’t just want another year of it, we want three more years of it.”
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