Crypto Super PAC's holdings lose $5M in value amid BTC price drop

The value of donations held by the crypto-focused Super PAC Digital Freedom Fund has decreased by $5 million due to the drop in BTC's price, Bloomberg reported. The fund was established last August by the Winklevoss brothers, co-founders of the cryptocurrency exchange Gemini. It raised a total of $22 million during the last five months of the previous year but did not immediately convert the funds to cash, holding them through Dec. 31.