Financial disclosures have revealed that the family of Robert Kennedy Jr., a candidate for the U.S. presidency, possesses Bitcoin (BTC) with an estimated value of up to $250,000. According to the filing on June 30, Kennedy owns between $100,001 and $250,000 worth of Bitcoin, with earnings of less than $201 from his investment in the leading digital asset.
Unfortunately, the filing does not provide specific details about when Bitcoin was acquired. However, CNBC reported that Kennedy’s campaign team clarified that the Bitcoin belongs to his wife and that the presidential candidate himself does not possess the asset. The team emphasized that Kennedy is not involved in his wife’s investment decisions.
Kennedy has consistently shown support for Bitcoin throughout his campaign. He has praised the cryptocurrency on numerous occasions, both during public events and on social media. In May, he criticized President Biden’s proposed 30% tax on crypto mining and expressed his disapproval of central bank digital currencies (CBDCs).
In a tweet on June 27, Kennedy described Bitcoin as “a bulwark against totalitarianism and the manipulation of our money supply.” He also expressed his belief that it signifies a future where government institutions are more transparent and democratic. Kennedy further demonstrated his pro-Bitcoin stance by speaking at the Bitcoin Conference in Miami, where he promised to be a president who supports cryptocurrency.
Kennedy’s endorsement of BTC has garnered attention from the crypto community, with notable figures such as Twitter co-founder Jack Dorsey endorsing him for the presidency.