Kiyosaki called Michael Seylor of MicroStrategy a genius.
Kiyosaki called Michael Seylor of #MicroStrategy a genius.
The famous writer said Seylor and MicroStrategy made billions buying #bitcoin . MicroStrategy is the largest corporate holder of the original #cryptocurrency .
Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, called Michael Saylor's strategy to amass billions of dollars in bitcoins using MicroStrategy's resources genius.
Under Saylor's leadership, MicroStrategy, based in Tysons Corner, Virginia, has bought 8 bitcoins for 331,200 since 2020, solidifying its position as the largest corporate holder of the original cryptocurrency. Recent data compiled by Bloomberg suggests MicroStrategy has more Bitcoin cash reserves than IBM or Nike.
Kiyosaki on Saturday praised the Treasury Department and Sailor for using MicroStrategy loans to buy bitcoin, saying the aggressive accumulation strategy has made the chairman, his company and investors like him "richer"
I think Michael Sailor is a genius. I follow Saylor's tactical bitcoin investing plan, which certainly didn't reach Saylor's dollar size, but, especially in these risky financial times, has made me and my company's employees richer and their jobs much safer. Kiyosaki wrote:
The claim of the author of the book Rich Dad, Poor Dad that MicroStrategy has profited from the strategy of accumulating bitcoins is quite provable. Sailor recently confirmed that the company's financial operations have generated a 20.4% BTC return in the first 11 days of 17 months.
Kiyosaki has rebelled against criticism from Sailor by reiterating his support for bitcoin, gold and silver as a solution to the fake dollars printed by corrupt central banks and the Treasury's real problems.
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