Robert Kiyosaki Sells His Bitcoin Weeks After $250,000 Price Forecast
Robert Kiyosaki, the author of 'Rich Dad, Poor Dad' and a Bitcoin advocate, disclosed that he sold $2.25 million worth of Bitcoin for $90,000. This sale occurred just weeks after he predicted a price of $250,000 for the cryptocurrency by 2026. Kiyosaki mentioned that he plans to reinvest the proceeds into his businesses, specifically two surgery centers and a billboard business, which he estimates will generate $27,500 in tax-free monthly income by February 2026. Despite the sale, he remains bullish on Bitcoin and intends to purchase more with the cash flow from his ventures. The market reacted to his announcement amid a decline in Bitcoin prices, which briefly fell below $85,000, displaying signs of extreme investor fear. Kiyosaki's forecast had come during a period of significant market downturn, yet he maintains a long-term positive outlook for Bitcoin.
Source 🔗