According to CoinMeta, as reported by Beincrypto, Robert Kiyosaki claims to be burdened with a debt of $1.2 billion, which originates from mortgages on apartment buildings, rather than holdings in Bitcoin or gold. Kiyosaki's ex-wife stated that this $1.2 billion debt is a loan shared with partners and involves approximately 1,500 apartments, with Robert Kiyosaki's personal exposure being less than this amount. Bitcoin does not secure any loans; the collateral consists of physical properties and rental income. Robert Kiyosaki's company applied for bankruptcy in 2012 after losing a lawsuit.