A CNBC report uncovered that United States presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), which contrasts his previous claim that he was not a cryptocurrency investor.

The report reveals that Kennedy Jr. owned between $100,001 and $250,000 worth of Bitcoin towards the end of June, and that the investment was made after his speech at the Bitcoin 2023 conference in May where he stated that his campaign would be the nation’s first to accept donations made in Bitcoin.

The final disclosure filed on June 30th did not specify when the cryptocurrency was bought, but the only piece of information apparent is that the investment returned less than $201 since the investment was initially made. While the filing does not indicate who purchased the asset, the candidate’s campaign acknowledged that it was Robert F. Kennedy Jr.

The president-elect has challenged current U.S. President Joe Biden in how cryptocurrencies should be perceived in the nation. In a tweet on May 3rd, Kennedy Jr. took to Twitter to state that “cryptocurrencies, led by bitcoin, along with other crypto technologies are a major innovation engine,” also adding that it was a mistake for the U.S. government to “hobble the industry and drive innovation elsewhere.”

Sources:

https://cointelegraph.com/news/robert-f-kennedy-jr-invested-up-to-250-000-in-bitcoin-after-miami-conference

https://decrypt.co/147843/robert-f-kennedy-hodl-bought-own-bitcoin

https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/2023/07/07/Candidate_Report_RFK_Jr.pdf

https://twitter.com/RobertKennedyJr/status/1653808786577010697