tl;dr

Democratic Representative Ro Khanna has advocated for the US government to retain seized Bitcoin as a strategic reserve asset. He supports including cryptocurrency in the Democratic Party's platform and emphasizes the need for the US to lead in Bitcoin to benefit from its potential appreciation. Kha...

Democratic Representative Ro Khanna has proposed that the US government should keep seized Bitcoin as a strategic reserve asset. He advocates for including cryptocurrency in the Democratic Party's platform and stresses the importance of the US taking a lead in Bitcoin to benefit from its potential appreciation. Khanna is also actively working to change cryptocurrency regulation and promote decentralization. He aims to distance the Democratic Party from past anti-crypto policies and align it with the industry. Additionally, he has engaged in discussions with Vice President Kamala Harris to reset the Democratic relationship with the crypto industry.

More about General Dynamics Corporation
General Dynamics Corporation Summary

General Dynamics Corporation

General Dynamics Corporation (GD) is an American aerospace and defense corporation. It is headquartered in Reston, Fairfax County, Virginia.

Industry

Manufacturing, Ship & Boat Building & Repairing

Key Financial Data

Market Cap: $83.51B
Current Price: $23.69
P/E Ratio: 5.48
EPS: 12.83
52-Week High: $164.48
Dividend Yield: 7.89%
Revenue: $44.95B
Net Income: $323.31
ROE: 20.7%
Debt-to-Equity: 0.18

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 17 Oct 24
 17 Oct 24
 17 Oct 24