RFK Jr. Wants the U.S. Treasury to Buy $4M Worth of Bitcoin

August 16, 2024

USA Today reports:

Independent Presidential Candidate Robert F. Kennedy Jr. continues to find ways to pique interest among voters.

Recently, Kennedy unveiled some ideas he has about cryptocurrency. 

Last month, RFK Jr. headlined the Bitcoin 2024 conference in Nashville, Tennessee.

During his keynote speech last month, Kennedy said that if he becomes president, he would direct the U.S. Treasury to buy 550 Bitcoin (CRYPTO: BTC) per day until a reserve of at least 4 million Bitcoins had been acquired.

Owning 4 million Bitcoin would represent a significant portion of the total supply and could give the U.S. some leverage as it relates to the price of the crypto.

Read the full article here.

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