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Winklevosses Buy Offsets to Cut Their Bitcoin Carbon Footprint

  • Gemini exchange spent around $4 million for carbon permits
  • The move could appeal to institutions worried about ESG
Tyler, left, and Cameron Winklevoss.
Tyler, left, and Cameron Winklevoss.Photographer: Eva Marie Uzcategui/Bloomberg
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Gemini Trust, the cryptocurrency exchange run by Cameron and Tyler Winklevoss, purchased about $4 million in credits to help offset the carbon emissions footprint of the Bitcoin it holds in custody.