Renowned investor and author of the personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has been bullish on Bitcoin (BTC) for years.
His first statement in support of BTC dates back to mid-2017 — a time when the price of a single Bitcoin was just $7,025.
Since then, he has stayed the course — Kiyosaki had long been a staunch advocate of precious metals like gold and silver, and even though he remains bullish on those assets, he has since made BTC his preferred store of value.
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Kiyosaki remains a controversial figure — with many pointing to his heavy use of debt, the bankruptcy of his company, Rich Global LLC, as well as the relatively sparse set of evidence supporting his claims of success.
However, one can’t argue with results — and as of late November, his portfolio netted a year-to-date (YTD) return of approximately 76.03%. In the same timeframe, Bitcoin has seen returns of 151.54%.
Now, the famed investor has taken to social media and has set a new price target for the leading digital asset — and the outlook is optimistic indeed.
Own more Bitcoin in 2025, says Kiyosaki
Kiyosaki now expects to see the price of Bitcoin reach as high as $350,000 in 2025, as stated in a December 18 X post.
This isn’t the highest price target the author has ever mentioned — most notably, on November 25, he shared the analysis of an unnamed artificial intelligence platform (AI) that predicted a price point of $500,000. This new, lower price target still represents a huge 229.65% upside from BTC’s current price of $106,170.
A noted critic of fiat currencies, which he has previously referred to as ‘fake money’, he also urged investors to ‘own more Bitcoin in 2025’, while also reflecting on President-elect Donald Trump as the first ‘Bitcoin president’, on account of his pro-cryptocurrency policy proposals and proposed Cabinet picks.
Those are certainly valid bullish catalysts — but readers should note that Kiyosaki failed to specify a more precise time horizon, or even any background as to how he ended up with $350,000 as a price target.
Just weeks ago, he predicted BTC could crash to $60,000 and set a 2025 Bitcoin price target of $250,000. He may very well end up being right — but at this point, it’s clear that his analysis boils down to general sentiment rather than a clear, precise thesis.
Featured image via Shutterstock
