Real Bedford FC Ltd

πŸ‡¬πŸ‡§United Kingdom
Holding bitcoin since Dec 31, 2021
Website@realbedford

BTC Holdings

82.7

Total P&L
+83.5%

Total profit/loss on Bitcoin holdings

Average Cost per BTC
$64,933

Average price paid for each Bitcoin

About Real Bedford FC Ltd
Real Bedford FC, a non-league football club based in Bedford, United Kingdom, has garnered significant attention for its innovative integration of Bitcoin into its financial strategy. Acquired in 2021 by Peter McCormack, a prominent Bitcoin advocate and podcaster, the club has set ambitious goals to ascend through the English football leagues. McCormack's vision extends beyond the pitch, aiming to establish Real Bedford as a model for financial sustainability by leveraging Bitcoin's potential.
The club's Bitcoin strategy is multifaceted, encompassing direct investments in Bitcoin, securing sponsorships paid in Bitcoin, and maintaining a Bitcoin treasury to support long-term objectives. This approach not only aligns with McCormack's belief in Bitcoin as a hedge against inflation but also positions Real Bedford at the forefront of financial innovation in sports. By adopting Bitcoin, the club seeks to attract a global fanbase and investors who share a similar conviction in the digital asset's future.
In the competitive landscape of English football, Real Bedford's embrace of Bitcoin distinguishes it from other clubs. This strategy has attracted high-profile investors and sponsors, enhancing the club's financial stability and growth prospects. As Real Bedford progresses through the football tiers, its Bitcoin-centric approach serves as a case study for other organizations considering alternative financial models.
July 21, 2024: Real Bedford FC significantly increased its Bitcoin holdings by acquiring 66.9 BTC at an average price of approximately $67,220 per coin, totaling $4,500,420.69. This purchase brought the club's total Bitcoin holdings to 82.7 BTC, with 15.8 BTC allocated for operational expenses related to football activities. (cointelegraph.com)
April 2024: Winklevoss Capital, owned by Cameron and Tyler Winklevoss, invested $4.5 million into Real Bedford FC. This investment, paid in Bitcoin, resulted in the twins becoming co-owners alongside Peter McCormack. The funds are earmarked for developing a new training center, launching a football academy, and supporting youth and girls' football initiatives. (bbc.com)
July 1, 2024: Gemini, the cryptocurrency exchange founded by the Winklevoss twins, signed a Β£500,000, five-year sponsorship agreement with Real Bedford FC. The deal, paid entirely in Bitcoin, continues Gemini's role as the men's team's front-of-shirt sponsor and strengthens the club's financial position. (realbedford.com)
February 11, 2022: The club reported holding 2.177 BTC, as detailed in its income report.
December 31, 2021: Real Bedford FC held 1.33 BTC, according to its income report.
These developments underscore Real Bedford FC's commitment to integrating Bitcoin into its financial and operational framework, setting a precedent for other sports organizations exploring similar strategies.

Recent Developments

  • Jul 21, 2024: Bitcoin holdings increased by 80.52 BTC to 82.7 BTC with cost basis of $5.4M (BTC @ $67.2K)
  • Feb 11, 2022: Bitcoin holdings increased by 0.85 BTC to 2.177 BTC with cost basis of $102.1K (BTC @ $43.6K)
  • Dec 31, 2021: Bitcoin holdings increased by 1.33 BTC to 1.33 BTC with cost basis of $68.2K (BTC @ $47.2K)
Real Bedford FC Ltd β€” Bitcoin Holdings Over Time
December 31, 2021 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
Jul 21, 2024
β‚Ώ82.7
80.523
$5.4M$67,205β€”
Feb 11, 2022
β‚Ώ2.177
0.847
$102.1K$43,628β€”
Dec 31, 2021
β‚Ώ1.33
1.33
$68.2K$47,192β€”