On Wednesday, Robert F. Kennedy Jr. unequivocally acknowledged his ownership of bitcoin (BTC), putting to rest a previous dispute over the matter, which had been documented in a financial disclosure form.
The confirmation was delivered in an engaging Twitter Spaces session on Wednesday, hosted by Scott Melker from The Wolf of All Street podcast.
"Right after the Bitcoin Conference, I decided to put my money where my mouth is and bought two bitcoin for each of my seven children,” shared Kennedy. The Miami-based Bitcoin Conference, where Kennedy passionately endorsed the cryptocurrency, took place from May 18 to May 20 this year.
After the conference, Bitcoin was being traded at approximately $27,000. However, at the current market prices of about $29,500, those 14 bitcoins have surged in value to nearly $414,000.
Last week, Kennedy reaffirmed his strong endorsement of Bitcoin, pledging that if he were to become president, he would take decisive measures to foster its growth. These measures include exempting the token from capital gains taxes and initiating a move to back the U.S. dollar with tangible assets like Bitcoin.
Earlier this month, CNBC reported that Kennedy had denied being an investor in bitcoin, despite a financial disclosure form dated June 30 showing his ownership of the cryptocurrency ranging from $100,001 to $250,000. Initially, the campaign attributed the holdings to RFK's wife, but later clarified that the assets indeed belonged to the candidate himself.