Financial Guru Robert Kiyosaki Makes Major Bitcoin Bet, Predicts $100,000 by September

Robert Kiyosaki, author of "Rich Dad Poor Dad," plans to purchase 10 Bitcoin (BTC) before April, citing the upcoming halving event that will reduce the issuance of new coins. He believes that the event will make Bitcoin more scarce and valuable, and recommends investors acquire at least 1/10th of a Bitcoin or invest in Bitcoin ETFs.

Why Is Robert Kiyosaki Betting Big on Bitcoin?

Robert Kiyosaki, the financial guru behind the mega-hit "Rich Dad Poor Dad," is making waves with his bullish stance on Bitcoin. Here's the lowdown on his recent moves and predictions.

Buying Bitcoin: Why Now?

Kiyosaki has announced plans to acquire 10 Bitcoin (BTC) before April. His rationale? Bitcoin's impending halving, a programmed event that reduces the issuance of new BTC. Currently, miners earn 6.25 BTC per block, but that will drop to 3.125 BTC after the halving on April 20. Kiyosaki believes this will make BTC even scarcer, driving up its value.

Can't Afford a Whole Bitcoin?

Kiyosaki suggests investors buy at least one-tenth of a BTC if they can't afford a whole one. They can do this through Bitcoin ETFs or by purchasing smaller units called "Satoshis." Bitcoin ETFs have seen a surge in inflows lately, though they've cooled off a bit recently.

Predicting Bitcoin's Future

Kiyosaki isn't just buying Bitcoin; he's also predicting it will hit $100,000 by September. He's even bolder in the long run, forecasting a $500,000 BTC by 2025. His bullishness stems from concerns about rising U.S. debt, consumer spending, and the threat of global conflict.

The Takeaway

Kiyosaki's latest moves and predictions highlight his belief in Bitcoin's potential as a safe haven asset in uncertain times. While his projections may be ambitious, his track record as a financial educator commands attention. Investors should consider his insights and weigh them against their own research before making any investment decisions.