Robert Kennedy Jr Bought 14 Bitcoin Worth $400K For His Kids: 'No One Can Say I Didn't Put My Money Where My Mouth Is'
Portfolio Pulse from Mehab Qureshi
Robert Kennedy Jr., a candidate for the U.S. presidency, has publicly declared his support for Bitcoin and revealed that he purchased 14 BTC in May of this year. His Bitcoin treasury would currently be worth around $400,000. Kennedy touted Bitcoin as the currency of freedom and acknowledged that he became a crypto investor after facing criticism for promoting Bitcoin without actually owning any. He was the first presidential candidate to accept Bitcoin donations through the Lightning Network.
July 27, 2023 | 3:31 am
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POSITIVE IMPACT
Robert Kennedy Jr.'s public support and personal investment in Bitcoin could potentially influence public perception and increase interest in the cryptocurrency, possibly leading to a short-term increase in Bitcoin's price.
Public figures expressing support for Bitcoin can often lead to increased interest and investment in the cryptocurrency. Given Kennedy's political influence and the size of his investment, this could potentially lead to a short-term increase in Bitcoin's price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100