A document documenting the financial situation of Robert F. Kennedy Jr. revealed that the candidate for the United States Presidential Election had up to $250,000 worth of Bitcoin (BTC). Let’s take a closer look.
Robert F. Kennedy Jr. owns over $100,000 worth of Bitcoin
The Democratic candidate for the White House Robert Francis Kennedy Jr. owns Bitcoin (BTC). This information was revealed by the American media CNBC, which shared a document reporting the financial situation of the politician, made in view of the American elections, in order to prevent possible conflicts of interest.
Indeed, among all of the reported assets and miscellaneous income, we can see that Robert F. Kennedy Jr. holds BTC in a range between $100,001 and $250,000 :
BTC holdings of Robert F. Kennedy Jr.
On the other hand, as the document above shows, the precise quantity of bitcoins is not known. However, we can estimate that this acquisition could be relatively recentconsidering that it had made less than $201 as of June 30, when the document was written.
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A pro-Bitcoin candidate
Last May, the person made a name for himself in the cryptocurrency ecosystem, by becoming the first candidate for the Presidential Election of the United States to officially accept donations in BTC.
This announcement was made as part of the Bitcoin 2023 conference in Miami, during which he had however also indicated that he had not invested in the digital asset.
Moreover, in the spring he had positioned against the policy of US regulators with respect to cryptocurrencies:
“Cryptocurrencies, led by Bitcoin, and other crypto technologies are a major driver of innovation. It is a mistake for the US government to stifle industry and stimulate innovation elsewhere. »
Of course, we must also take a step back and not forget that all these declarations are also there to recover part of the electorate. Regarding the candidate’s assets, the BTC represents only a small part of his heritage, made up of many lines, some of which also exceed hundreds or even millions of dollars.
As voting takes place on November 5, 2024, it will be interesting to follow the different positions that will take place on cryptocurrencies by then.
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Source: CNBC, Image: Gage Skidmore via Wikimedia Commons (CC-BY-SA-2.0)
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