Robert Kiyosaki confirmed that he purchased another full bitcoin at around $67,000, even as he described the market as “crashing”. The author of Rich Dad Poor Dad shared the update on social media on February 20, reinforcing his long-standing support for Bitcoin.
At the time of his purchase, BTC was trading near $68,000, below its recent highs but still significantly above levels seen earlier in previous market cycles.
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Buying Amid Market Weakness
Kiyosaki explained that his decision was tied to his broader macroeconomic outlook. He believes rising U.S. national debt could put pressure on the dollar and eventually lead to large-scale money creation by the Federal Reserve.
He has frequently criticized central bank policies and warned about what he calls excessive “money printing”. In his view, if the dollar weakens due to debt pressures, scarce assets may benefit. His latest purchase aligns with a strategy he has repeated publicly: buying bitcoin during periods of price decline rather than waiting for strong upward momentum.
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The 21 Million Supply Argument
A central element of Kiyosaki’s bitcoin thesis is also its fixed supply. Only 21 million bitcoins will ever be created, a limit written into the protocol.
He has argued that once the final bitcoin is mined, its capped supply could make it more attractive than traditional stores of value such as gold, whose supply continues to grow gradually over time.
Scarcity remains one of the main arguments cited by bitcoin supporters who view it as a hedge against currency debasement.
Read also: What Happens When All Bitcoins Are Mined?
Controversies
Kiyosaki has previously projected that bitcoin could reach $250,000 by 2026. He has also stated that he plans to continue accumulating BTC during market pullbacks. His statements often generate attention within the crypto community, though they have also drawn scrutiny.
Kiyosaki has warned for years about what he describes as a historic stock market crash. In his 2013 book Rich Dad’s Prophecy, he predicted a major downturn still to come. Recently, he reiterated that warning, pointing to high government debt levels and rising interest costs. U.S. federal debt now exceeds $34 trillion, and concerns about fiscal sustainability continue to be discussed among economists and policymakers.
He also mentioned stopping Bitcoin purchases at $6,000 in the past, despite earlier references to buying at higher prices. Despite the debate around his claims, Kiyosaki remains publicly committed to holding and increasing his bitcoin position as market uncertainty continues.
