Politics9/30/2025โ€ขBloomberg

Crypto Billionaire Wants NYC Mayor Adams to Stay in the Race

Crypto Billionaire Wants NYC Mayor Adams to Stay in the Race

Brock Pierce, a cryptocurrency billionaire, has donated over $1 million to New York City Mayor Eric Adams's reelection campaign through a super-PAC. Despite the mayor facing various challenges, Pierce believes Adams should remain in the race. The article highlights that Adams, the current mayor, is facing a number of issues, including a federal investigation into his administration's handling of the city's affordable housing program. However, Pierce, who has a vested interest in the mayor's political future, argues that Adams should continue his campaign for reelection. The article does not provide any further details on the specific reasons behind Pierce's support for Adams or the nature of the federal investigation. It simply presents the billionaire's stance on the mayor's continued participation in the race.

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