Renowned Investor Weighs In on Asset Management Firm and Makes Bold Prediction About Cryptocurrency Value

“Kiyosaki Criticizes BlackRock, Predicts Bitcoin Will Reach $350K by 2025”

Renowned author and investor Robert Kiyosaki has taken to Twitter to express his displeasure with asset management giant BlackRock. The criticisms were made alongside a bold prediction about the future of Bitcoin’s value.

In the tweet, Kiyosaki directly addressed Larry Fink, the CEO of BlackRock, stating that he is dumping Bitcoin. This comes as no surprise, given the recent outflow from BlackRock’s bitcoin ETF, with a staggering $188.7 million being withdrawn from the product over the Christmas period.

Kiyosaki went on to describe BlackRock and its CEO Larry Fink as “Marxists” and likened their actions to those of Klaus Schwab, who has famously stated that owning nothing is the future. Kiyosaki sees this narrative as a threat to individual freedoms, claiming that these institutions aim to take control over assets they don’t own.

As part of his criticisms, Kiyosaki highlighted that he believes Bitcoin’s value will reach $350K by 2025. This prediction comes amidst an increasingly positive outlook for the cryptocurrency, despite recent market fluctuations.

The bullish sentiment surrounding Bitcoin is largely driven by the growing trend of publicly traded companies allocating a portion of their treasuries to the digital asset. Notable examples include MicroStrategy, KULR Technology, and others that have already made significant investments.

In addition, there are now multiple proposals in the pipeline for ETFs focused on companies that hold Bitcoin in their treasuries. The latest example is an application from Strive Asset Management, co-founded by Vivek Ramaswamy, to list a Bitcoin Bond ETF.

These developments have strengthened Kiyosaki’s conviction that Bitcoin will not only continue to defy the crypto market slump but also go on to reach new heights.

Source: coinpedia.org