Bitcoin to $1 Million? ‘Rich Dad’ Author Robert Kiyosaki Makes $100K Bet
Summary: Financial author Robert Kiyosaki has purchased another Bitcoin, investing over $100,000 in a single trade. Known for his bullish stance on cryptocurrencies, the “Rich Dad Poor Dad” author predicts Bitcoin could hit $1 million, and he’s now putting money behind that belief.
Bold Bet on Bitcoin
Robert Kiyosaki announced via Twitter on July 1 that he had bought one Bitcoin at approximately $106,784. Far from a passive observer, Kiyosaki reaffirmed his long-standing conviction that Bitcoin holds massive upside potential.
“I believe Bitcoin will one day soon be $1 million a coin,” he wrote, acknowledging that he might be wrong but preferring the risk of being a “sucker” over missing out entirely.
Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a FOOL.
Yet I believe Bitcoin will one day soon….be $1 million a coin. If I am a sucker…. I’d rather be a sucker than a LOSER if Bitcoin does go to…
— Robert Kiyosaki (@theRealKiyosaki) July 1, 2025
Chasing the $1 Million Mark
Moving from $106,784 to a $1 million valuation would require a gain of approximately 830%. Kiyosaki originally floated this prediction in 2021, suggesting Bitcoin could reach the milestone by 2030. While cautioning followers to do their own research, he emphasized that the risk of regret outweighs the fear of being wrong.
Market Reactions and Bullish Voices
Kiyosaki’s outlook isn’t without support. Influential voices in the crypto space echo similar forecasts:
- Binance co-founder Changpeng Zhao has suggested Bitcoin could breach $1 million during the current market cycle.
- Samson Mow, CEO of Jan3, believes rising sovereign adoption and debt-driven buying could propel the asset to $1 million.
- Ark Invest’s Cathie Wood projects a base case of $1.5 million per Bitcoin by 2030, and an upper scenario of $2.5 million, factoring in institutional and global uptake.
Nonetheless, market sentiment remains divided. Some traders consider current prices overvalued, while others see fresh accumulation opportunities before a potential breakout.
Investor Sentiment and Broader Impact
Kiyosaki’s move reinforces the growing influence of high-profile investors in the crypto market. His public buy may serve as a bellwether for retail and institutional confidence alike. While his exact projection remains speculative, the decision highlights the increasing conviction among market veterans that Bitcoin’s long-term potential is still untapped.
As always, Kiyosaki advised caution. He urged his audience to evaluate both risks and rewards independently, rather than replicate his actions without due diligence.
Featured image from Observer, chart from TradingView