RFK Jr. Confirms Bitcoin Purchases

Robert F. Kennedy Jr. confirmed Wednesday that he did own bitcoin (BTC), something he had previously disputed but had been recorded in a financial disclosure form.

The confirmation came during a Twitter Spaces on Wednesday with The Wolf of All Street podcast host Scott Melker.

“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,” said Kennedy. The Miami-based Bitcoin Conference – at which Kennedy spoke favorably of Bitcoin – was held between May 18 and May 20 this year.

Kennedy doubled down on that support last week, promising his intention – should he win the presidency – to exempt the token from capital gains taxes and to begin backing the U.S. dollar with hard assets such as bitcoin.

CNBC reported earlier this month that Kennedy said he “was not an investor” in bitcoin, contradicting a financial disclosure form dated June 30 which revealed he owned between $100,001 and $250,000 of the cryptocurrency. The campaign first said the holding belonged to RFK’s wife before clarifying the assets did indeed belong to the candidate.