US presidential candidate Robert F. Kennedy Jr. owns between $100,000-$250,000 in Bitcoin (BTC), according to recent financial disclosure forms.
The disclosure documents clash with what Kennedy said at the Bitcoin 2023 Conference in May when he claimed he wasn’t a BTC investor.
Dennis Kucinich, Kennedy’s campaign manager and a former congressman and presidential candidate himself, tells CNBC that Kennedy’s Bitcoin purchase happened after his remarks at the conference.
Kennedy first announced in April that he was running in the 2024 presidential campaign as a Democrat. His party nomination is considered a longshot due to incumbent President Joe Biden’s decision to run for a second term.
Biden’s polling average for the Democratic nomination hovers around 64%, while Kennedy’s currently sits at 14.4%, according to the polling data aggregator RealClearPolitics.
The environmental lawyer made headlines in May when he announced that his presidential campaign would be the first in American history to accept Bitcoin donations.
Kennedy believes Bitcoin can act as a bulwark against authoritarian censorship, and he’s promised to protect the right to Bitcoin if he’s elected president.
“As president, I will make sure that your right to use and hold Bitcoin is inviolable. Bitcoin is not only a bulwark against totalitarianism and the manipulation of our money supply, it points the way toward a future in which government institutions are more transparent and more democratic.”
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