TLDR:
- Update: Robert Kiyosaki, writer of “Rich Dad Poor Dad,” reaffirmed his support for Bitcoin on June 30, 2025, when the coin was trading at $107,000, even after he had declared bankruptcy in 2012 after losing the case for the royalties.
- Narrative: Kiyosaki’s recent X post reflects his regret for not buying more Bitcoin at $6,000 and his recent wish to buy more at $107,000, driven by the conviction it will reach $1 million, reflecting his long-term optimism despite personal financial experience.
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” is at it once again on X, proclaiming his unadulterated optimism about Bitcoin today at the price point of $107,000 as of June 30, 2025. Despite his own financial history, having gone bankrupt in 2012 and losing a court fight over royalties, he illustrates the risk-taking nature of his investment approach.
In his latest update, Kiyosaki remembers his initial foray into Bitcoin, admitting he got “in late into Bitcoin” and waited too long, purchasing his first coin for $6,000. He believed it was too pricey at the time, something he now regrets, with Bitcoin now trading for $107,000. “Today I wish I had bought more at $6,000,” he added, acknowledging the prevalent investor’s hindsight bias. His strategy is to purchase more now, however, spurred by speculation that Bitcoin will someday trade for $1 million a coin. Kiyosaki is basing his argument on what he believes regarding modern-day money and the potential of Bitcoin to increase exponentially in the future. “Even if you could only buy a single Satoshi today, I believe in five years you’ll be wishing you had invested more,” he explained, demonstrating long-term thinking. He made comparable projections of Bitcoin’s potential to hit $250,000, which is consistent with his current estimate of its potential to hit $1 million.
This rosy prediction comes despite the personal financial history of Kiyosaki. In 2012, he bankrupted himself after fighting in the courtroom for book royalties, which, while embarrassing, serves to accentuate the dangers of his investment practices. Aside from that, his Bitcoin approach is otherwise full-steam ahead, propelled by the use of leverage and speculative holdings, where he infamously boasted of owing $1.2 billion and speculating on holdings like gold and Bitcoin rather than in typical savings.
Kiyosaki’s latest take on Bitcoin at $107,000 is testament to his confidence in the intrinsic value and future potential of the cryptocurrency. “At $107,000 Bitcoin was priceless,” wrote the business mogul, which means the current price, while high, is still cheap compared to where the price will be in years to come. Such an argument is supported by market watchers who cite the long history of Bitcoin and the rise in its use as a store of value, backed by projections such as Hal Finney’s $22 million per Bitcoin by 2045 and Fidelity’s $1 billion by 2038, supporting long-term assertions by Kiyosaki.
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