Peter McCormack is a British entrepreneur and broadcaster finest often known as the creator and host of the What Bitcoin Did podcast and the chairman of Actual Bedford FC, an English soccer membership he’s funding with Bitcoin.
Who Is Peter McCormack?
Peter McCormack was born on October 31, 1978, in Studying, Berkshire, England, and was raised in Kempston. He was educated in the UK, finishing his early education at Bedford Trendy Faculty and Bedford Street Decrease Faculty in Bedford, England. Following his secondary training, he attended Buckinghamshire New College, previously Buckinghamshire Chilterns College School, to check Music Business Administration, although he later dropped out to pursue a profession in know-how.
McCormack has been open about his private struggles, together with battles with anxiousness and drug habit, and a wedding that ended early. He has mentioned how a interval of habit led to a breakdown and the collapse of an promoting company he had constructed, earlier than he rebuilt his profession by means of Bitcoin and podcasting. His path into crypto started in 2017, after a profession in digital advertising, when private monetary challenges and curiosity about rising monetary know-how led him to Bitcoin.
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Peter McCormack’s Profession and Contributions
Peter McCormack’s profession started in media and promoting. He labored as Industrial Director at Evolving Media in 2005, then as Managing Director of Evolving Media Community in 2007, earlier than becoming a member of direct advertising company Rapier UK as Head of Digital in 2009. In 2010 he launched his first enterprise, Bantr.television, an interactive stay soccer platform that shut down in 2015.
In 2016 he co-founded McCormack & Morrison, a consultancy that reached a peak turnover of roughly £2.7 million a 12 months, based on InsideBitcoins. He informed The Guardian that when his earlier promoting company folded, he determined to spend money on Bitcoin, which set the stage for his subsequent chapter.
McCormack launched the What Bitcoin Did podcast in 2017 after discovering Bitcoin and writing weblog posts about it. The present grew into one of the vital widely known crypto podcasts, that includes visitors together with Coinbase co-founder Brian Armstrong, Ethereum co-founder Vitalik Buterin, and Gemini founders Cameron and Tyler Winklevoss.
He then launched a second podcast, Defiance, in 2019, overlaying politics and economics, and in 2025 consolidated his exhibits beneath The Peter McCormack Present.
In 2021, McCormack purchased Actual Bedford FC, an eighth-tier English soccer membership, for a five-figure sum. He has funded participant wages, advertising, and infrastructure, a lot of it by means of Bitcoin-related sponsorships, with the acknowledged objective of taking the membership to the Premier League.
Peter McCormack’s Views and Positions
Peter McCormack is among the most acknowledged Bitcoin advocates in podcasting. His strategy facilities on curiosity, accessibility, and sincere storytelling, and he locations a excessive worth on free speech and neighborhood in constructing decentralized networks. He has been keen to query orthodoxy each inside and out of doors the Bitcoin house.
He has additionally been vocal about political and social points on his social media, significantly on X and in his podcasts. He has at occasions criticized particular selections by public figures, comparable to Tesla’s transfer so as to add and later scale back Bitcoin on its steadiness sheet. McCormack presently has over 615,000 followers on X.
Peter McCormack’s Internet Price in 2026
Peter McCormack’s web price is estimated at $10 million as of 2026. The first drivers of his wealth are his podcasting earnings and his possession stake in Actual Bedford FC.
McCormack has been unusually clear about his funds over the previous few years. He informed Cointelegraph in 2021 that the What Bitcoin Did podcast was incomes round $70,000 per 30 days at its peak.
In 2019 he described himself as removed from rich, reporting a web price of about $150,000 on the time. Now that the soccer membership is now a significant part of his wealth, in February 2025, Cameron and Tyler Winklevoss invested £3.5 million for a forty five% stake in Actual Bedford FC, which suggests McCormack’s remaining 55% stake is price roughly $5.5 million.
His private cryptocurrency holdings are usually not publicly disclosed. McCormack has stated he made about $1.2 million on Bitcoin throughout the 2017 run-up after which bought most of it, partly to supply a cushion for his podcast enterprise. How a lot he holds in the present day is just not recognized.
Peter McCormack within the Information
Peter McCormack was the defendant in a high-profile libel case introduced by Craig Wright, who has claimed to be Bitcoin creator Satoshi Nakamoto. After McCormack publicly disputed that declare, Wright sued him for libel in April 2019. In 2022, the courtroom dominated that Wright had been libeled however awarded solely £1 in damages, with the choose citing a “intentionally false case.”
McCormack later obtained a Worldwide Freezing Order limiting Wright’s property as much as £1.5 million. In January 2025, Wright was present in contempt of courtroom for repeatedly bringing claims based mostly on his Satoshi assertion and was sentenced to a one-year jail time period, suspended for 2 years.
Regularly Requested Questions
Want a refresher on Peter McCormack? Listed below are the questions readers most frequently ask about him.
Who’s Peter McCormack?
Peter McCormack is a British entrepreneur and broadcaster finest often known as the host of the What Bitcoin Did podcast and the chairman of Actual Bedford FC. He launched the podcast in 2017 after a profession in digital advertising and has change into one of the vital acknowledged Bitcoin advocates within the podcasting house.
What’s Peter McCormack’s web price in 2026?
Peter McCormack’s web price is estimated at $10 million as of 2026, based on each Merchants Union and Inside Bitcoins. The determine is pushed primarily by his podcasting earnings and his 55% stake in Actual Bedford FC, which is valued at roughly $5.5 million based mostly on the Winklevoss twins’ February 2025 funding.
What’s the What Bitcoin Did podcast?
What Bitcoin Did is a cryptocurrency podcast that Peter McCormack launched in 2017. It options interviews with builders, economists, and trade leaders and has hosted visitors together with Brian Armstrong, Vitalik Buterin, and the Winklevoss twins.
Why did Craig Wright sue Peter McCormack?
Craig Wright sued McCormack for libel in April 2019 after McCormack publicly disputed Wright’s declare to be Satoshi Nakamoto. In 2022 the courtroom dominated Wright had been libeled however awarded solely £1 in damages, calling it a “intentionally false case.” Wright was later present in contempt of courtroom in January 2025.
What’s Peter McCormack doing with Actual Bedford FC?
McCormack purchased the eighth-tier English soccer membership in 2021 for a five-figure sum and is funding it closely, a lot of it by means of Bitcoin-related sponsorships, with the objective of reaching the Premier League. In February 2025, the Winklevoss twins invested £3.5 million for a forty five% stake. McCormack stays chairman.
Is Peter McCormack nonetheless internet hosting the podcast in 2026?
Peter McCormack introduced on Danny Knowles as a co-host of the What Bitcoind Did podcast in December 2024, and Knowles has since taken on a bigger on-air function. McCormack consolidated his exhibits beneath The Peter McCormack Present in 2025 and stays hooked up to the model and the enterprise.
