US presidential candidate Robert Kennedy invested in bitcoin

US presidential candidate Robert Kennedy invested in bitcoin

US presidential candidate Robert Kennedy invested about $250 thousand in Bitcoin.

Stocks of cryptocurrency Robert Francis Kennedy Jr. amounted from $100 thousand to $250 thousand.

At the end of June, the value of bitcoins owned by the nephew of the 35th President of the United States and a participant in the current election race, Robert Francis Kennedy Jr., amounted from $100 thousand to $250 thousand. This is evidenced by a report cited by CNBC.

The document shows that investments in cryptocurrency brought the politician less than $201. It is not specified who exactly bought the digital asset, but Kennedy's representatives confirmed that the funds are owned by him personally.

Cryptocurrency electorate. Why Bitcoin has entered the agenda of the US Presidential election

Data about the crypto-investments of the presidential candidate appeared after he announced in May that he began accepting donations in bitcoins. During the Bitcoin 2023 conference in Miami, Kennedy characterized digital assets as "a symbol of democracy and freedom," while denying that he himself invests in cryptocurrency.

One of the representatives of Kennedy Jr.'s campaign staff Dennis Kucinich told CNBC that bitcoins were bought by the politician after the conference in Miami.

Last week, Coinbase CEO Brian Armstrong and three other top executives collectively sold shares of the cryptocurrency exchange for a total value of $6.88 million. Since the beginning of the year, the price of Coinbase shares (COIN) has more than doubled to $78.2.