Behind the scenes of the race for the White House, a surprising revelation has emerged: Democratic candidate Robert F. Kennedy Jr. holds an estimated sum of between $100,000 and $250,000 in Bitcoin (BTC). This discovery was made thanks to a document detailing the politician’s financial situation, drawn up to prevent potential conflicts of interest prior to the US presidential elections.
The document does not specify the exact amount of Bitcoin held by Robert F. Kennedy Jr. but suggests that this investment may be relatively recent. As of June 30, the date of the document, it stated that the value of his Bitcoin investment was less than $201.
The first to accept Bitcoin donations!
This isn’t the first time the Democratic candidate has made news in the cryptocurrency world. Last May, at the Bitcoin 2023 conference in Miami, he became the first US presidential candidate to officially accept Bitcoin donations. Although he announced on this occasion that he had not invested in the cryptocurrency, his pro-Bitcoin stance is clear.
Robert F. Kennedy Jr. also spoke out against U.S. regulatory policies that hamper innovation in cryptocurrencies. In his view, Bitcoin and other crypto technologies are major drivers of innovation, and he is against the US government holding back the industry and pushing innovation elsewhere.
It should be borne in mind, however, that these statements may also be motivated by the search for electoral support. Bitcoin represents only a small part of Robert F. Kennedy Jr.’s estate, which includes numerous other asset lines, some worth hundreds of thousands, if not millions, of dollars.
With the election coming up on November 5, 2024, it will be interesting to follow the evolution of cryptocurrency stances between now and then. Robert F. Kennedy Jr. brings a unique perspective to this presidential race and shows a clear interest in the future of finance and technology.