Robert Kiyosaki, the author of Rich Dad Poor Dad, backed Michael Saylor’s Bitcoin prediction on Nov. 20, 2024, claiming that Bitcoin could reach $13 million per coin.

In a post on X (formerly Twitter), Kiyosaki wrote, "$13 million Bitcoin:….according to Michael Saylor. I believe he is right. He is one smart boy."

He compared Bitcoin’s potential to traditional education costs, adding, "Bitcoin today is $90,000. If Saylor is on target….which I think he is…. that means for $9,000 today….you buy .01 Bitcoin today…you are a millionaire tomorrow."

His statement followed a discussion between Saylor and Patrick Bet-David, where Bet-David questioned the long-term valuation of MicroStrategy, now rebranded as Strategy. Bet-David’s calculations suggested that if Bitcoin reaches $13 million, MicroStrategy could grow into a $10 trillion company within two decades.

Saylor defended the projection, explaining the math behind it.

"Multiply 13 [million] divided by 90,000, and it gets you to a big number," he said on Nov. 19, 2024. He argued that if Bitcoin’s adoption rate increased from 0.1% today to 7% globally, demand would rise significantly, leading to a massive price surge. Given that Bitcoin has a fixed supply of 21 million coins, such adoption levels could drive prices into the millions per coin.

If Bitcoin reaches $13 million, owning 0.01 BTC today for $9,000 would be worth $130,000 in the future.

Kiyosaki also criticized student debt, arguing that investing in Bitcoin could be a smarter financial decision than taking out loans for an MBA.

"Sure beats going $50,000 in debt for a student loan…studying for years…just to earn a flimsy MBA. Get smarter…. buy Bitcoin today. I am."

Kiyosaki contrasted Bitcoin’s potential with the cost of a Master of Business Administration (MBA), arguing that investing in Bitcoin could yield far greater returns without the debt. The average cost of an MBA at a top U.S. university ranges from $50,000 to $200,000. At Harvard Business School, tuition is $84,000 per year, totaling about $168,000 for two years. Stanford’s MBA program costs $82,000 per year, with similar overall expenses. Many graduates leave school with $66,000 to $120,000 in student debt, with no guaranteed return on investment.

Kiyosaki suggested that instead of taking on massive student loans for a degree that may not lead to financial success, investing in 0.01 BTC for $9,000 today could be a smarter financial decision in the long run.

Bitcoin has already risen 87% in the past year, but reaching $13 million would require a shift in global finance. Saylor’s prediction assumes that Bitcoin will experience widespread institutional adoption, hyperinflation in fiat currencies, and increasing demand due to its scarcity.