Howard Winklevoss Donates $4M In Bitcoin To Grove City College

Benzinga
2024-09-18

Howard Winklevoss, father of the famous crypto twins Cameron and Tyler Winklevoss, has made a historic $4 million Bitcoin BTC/USD donation to Grove City College

What Happened: This contribution marks the college’s first-ever Bitcoin gift and will be used to fund new business programs, Coindesk reported.

Winklevoss shared that his fascination with Bitcoin began when he recognized it as non-government, digital money with a fixed supply.

“In short, sound money that works like email,” he said.

His realization of Bitcoin's potential is rooted in his studies at Grove City College under the mentorship of Hans Sennholz, an Austrian economist.

Also Read: Singapore’s DBS Bank Launches Bitcoin And Ethereum Options Trading For Institutional Clients

Though his sons introduced him to Bitcoin in 2012, Tyler Winklevoss reflected that his father’s interest in sound money, which he learned at Grove City, influenced the family's eventual foray into cryptocurrencies.

“Our dad was really the one who got us into Bitcoin,” Tyler explained, acknowledging the role his father's economic background played.

To honor Howard Winklevoss’ contributions, the college will name its new business school the Winklevoss School of Business, with the official ceremony scheduled for November.

Tyler and Cameron Winklevoss, co-founders of Gemini, have been vocal about their support for the industry. In August 2024, the twins criticized Vice President Kamala Harris for her absence at a crypto roundtable, highlighting their ongoing advocacy for cryptocurrency.

The twins made headlines by donating $1 million in Bitcoin to support John Deaton’s political campaign against Senator Elizabeth Warren (D-Mass.), who is known for her critical stance on cryptocurrencies. Tyler Winklevoss emphasized Deaton’s pro-Bitcoin and pro-business stance as a key reason for their support.

What’s Next: These developments highlight the growing influence of cryptocurrencies in education and finance, a trend that will be explored at Benzinga’s Future of Digital Assets event on Nov. 19, where industry leaders will discuss how digital assets are shaping both finance and education.

Read Next:

  • ‘I Was Blown Away’ — Donald Trump Credits Sons For Introducing Him To Crypto, Marvels At NFT Collection Success

Image: Shutterstock

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