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It Seems That The Winklevoss Twins Have Become Billionaires Once More Following Bitcoins Bull Run

Quick Take

1 minute read

  • Once again it seems that the notorious Winklevoss twins have become billionaires once more thanks to the spike Bitcoin has experienced over the course of the last week. 
  • The brothers were some of the early investors in the digital asset and bought $11 million worth of the currency in 2013.

Once again it seems that the notorious Winklevoss twins, Tyler and Cameron have become billionaires once more thanks to the spike Bitcoin has experienced over the course of the last week. The brothers were some of the early investors in the digital asset and bought $11 million worth of the currency in 2013 and after the 2017 round of bullish activity, the pair became billionaires almost overnight.

But following the 2017 excitement that plunged bitcoin into the mainstream media and gained a lot of attention from all over the world from institutions and retail traders alike, the bitcoin markets haven’t been the same. In fact, the year following, bitcoin fell below the $4000 key resistance level whereas when you look at it today, the coin is priced at over $15,000 at the time of writing. Many people believe that this spike in price was down to the United States presidential election in which Joe Biden became the Victor.

The leading coin has yet to reach $16,000 but many people are highly anticipating its move to this level.

As all of this occurs for the currency and the markets, the brothers became billionaires once more as they hold around $1 billion each. It’s also worth noting that they haven’t just invested in bitcoin, they even have some holdings in ethereum.

Just this week, Taylor Winklevoss took to Twitter to discuss the recent rumours of a 90% efficient effective vaccine for the COVID-19 virus. He mentioned bitcoin noting that It is 100% efficient against inflation.

You can see his tweet here:

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