Rich Dad Poor Dad author Robert Kiyosaki expressed strong support for bitcoin and Microstrategy Executive Chairman Michael Saylor’s BTC strategy on the social media platform X this week. Rich Dad Poor Dad, co-authored with Sharon Lechter in 1997, has sold over 32 million copies in 51 languages across 109 countries and spent more than six years on the New York Times Best Seller list.
Kiyosaki referenced Saylor’s prediction of bitcoin reaching $13 million, stating: “I believe he is right. He is one smart boy.” The famous author noted that if the Microstrategy chairman’s forecast is correct, purchasing 0.01 BTC at today’s price could result in becoming a millionaire in the future. “Sure beats going $50,000 in debt for a student loan … studying for years … just to earn a flimsy MBA,” he stressed, advising:
Get smarter … buy bitcoin today. I am.
Saylor predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating for its adoption as a primary treasury asset to ensure economic stability and wealth accumulation.
Microstrategy, the largest corporate bitcoin holder with 331,200 BTC, recently unveiled its “21/21 Plan,” aiming to secure $42 billion over three years to expand its bitcoin holdings. This initiative involves raising $21 billion via equity offerings and an additional $21 billion through fixed-income securities.
In a follow-up post on X, Kiyosaki defended Saylor against criticism from a prominent gold advocate, whom he described as a “loudmouth who sells gold.” While Kiyosaki did not name the individual, Peter Schiff has been a frequent critic of Saylor’s BTC strategy. Kiyosaki praised Saylor’s investment decisions, crediting him with benefiting Microstrategy’s stakeholders.
The Rich Dad Poor Dad author opined:
I think Michael Saylor is a genius. I am following Saylor’s tactical bitcoin investment plan … obviously not to Saylor’s dollar size … yet making myself and my company’s employees richer and jobs much more secure … especially in these treacherous financial times.
While Kiyosaki endorses gold and silver investments alongside bitcoin, he remains a vocal critic of the U.S. Federal Reserve, which he labeled a “corrupt central bank.” Advocating for diversification into gold, silver, and bitcoin, he positions these assets as safeguards against fiat currency instability. Referencing investor Larry Lepard, Kiyosaki emphasized: “To change the world … change our money.” His posts underscore a belief in bitcoin’s potential to ensure financial stability and drive systemic reform.