Despite claiming that he is not a crypto investor, Robert F. Kennedy Jr. seems to hold a significant sum of Bitcoin (BTC).
After speaking at Miami's Bitcoin 2023 conference, Robert F. Kennedy Jr., a Democratic Presidential candidate, acquired Bitcoin valued between $100,001 and $250,000.
The news portal CNBC managed to get hold of a document that showed Kennedy Jr.'s Bitcoin ownership by the end of June.
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It is worth noting that during his speech at the Bitcoin 2023 conference, Kennedy Jr. declared that his campaign would accept Bitcoin contributions in the United States.
Kennedy Jr. refuted the idea of being a Bitcoin investor at the conference. His exact words were:
I am not an investor, and I am not here to give investment advice.
The financial disclosure submitted on June 30th did not indicate the exact date of the crypto purchase, only that it yielded less than $201 since the investment. The filing does not make clear who in the Kennedy family made the purchase, though it was conceded by the campaign that it was indeed Kennedy Jr.
In his pursuit to confront President Joe Biden, Kennedy Jr. has directed his campaign towards the crypto community. The presidential candidate used Twitter to claim that “cryptocurrencies, led by Bitcoin, along with other crypto technologies, are a major innovation engine" and that it would be an error for the US government "to hobble the industry and drive innovation elsewhere."
It is worth noting that Kennedy Jr. received support from Block Inc. CEO Jack Dorsey, who claimed that the candidate not only can win the presidential race but he will surely win it.
However, Robert F. Kennedy Jr. is not the only candidate that pulled out the crypto card. Vivek Ramaswamy also unveiled plans to accept Bitcoin donations.
Kennedy Jr.'s investment in Bitcoin post his appearance at the Miami conference has created a stir, given his prior assertion of not being an investor. This move has led to a significant reevaluation of his financial position and strategies, especially considering the current volatile scenario of crypto regulation in the US.
