Key Takeaways
- Kiyosaki sold 25 BTC to reinvest profits into cash-flowing businesses.
- New purchases are set to generate $27.5K in monthly tax-free income.
- Despite the sale, he remains bullish on Bitcoin and plans to buy more with future cash flow.
Robert Kiyosaki, the famous author, has sold $2.25 million worth of his bitcoin stash. However, he did not sell because he stopped believing in Bitcoin. Instead, he wanted to use the profits to buy businesses that would give him a steady monthly income.
Kiyosaki explained that he sold around 25 BTC for about $90,000 each. He originally bought them “years ago” for about $6,000 per coin. This means he made a very large profit from his investment.
With the money he earned from the sale, Kiyosaki is buying two surgery centers and investing in a billboard business. He says he expects these new investments to earn about $27,500 in tax-free income every month starting next year.
Kiyosaki said this decision matches the financial lessons he has been teaching for decades. Ever since he was young, he learned that investing should be about creating regular income, not just holding onto assets and hoping they increase in value.
He said, “This has been my ‘get rich plan’ since I began playing Monopoly with my Rich Dad for over 65 years.” His goal is always to use profits to buy businesses that pay him every month.
He also shared that his real estate investments already bring in a large monthly income. These new purchases will increase his total cash flow into “hundreds of thousands per month.”
This shows that his main focus is building income streams that keep earning, regardless of market conditions. As he put it, “I use valuable assets to fund businesses that generate cash flow.”
Even though he sold millions in bitcoin, Kiyosaki says he still believes in the digital asset’s long-term value. In fact, he plans to buy more BTC in the future using the extra money he earns from his new businesses.
“I remain very bullish and optimistic about Bitcoin and will begin acquiring more with my positive cash flow,” he said. He has predicted that the scarce digital asset could reach $250,000 by 2026 and even $1 million by 2030.
Kiyosaki believes bitcoin, gold, and silver are “people’s money,” while government currency is “fake money” because governments can print unlimited amounts.
Kiyosaki also refuses to invest in bitcoin ETFs, which he calls “fake Bitcoin,” because he prefers owning assets directly rather than through banks or Wall Street.
Kiyosaki’s sale happened during a sharp drop in the market. At the time of the announcement, bitcoin fell into the mid $80,000 range after dropping more than 30% from its recent high of over $126,000.
Many investors were panicking, and the Fear & Greed Index showed “extreme fear” in the market.
However, analysts explained that Kiyosaki’s sale was not large enough to impact the price of bitcoin. The move had nothing to do with fear of a crash—it was simply part of his investment strategy.
Some analysts believe bitcoin could recover and grow much higher. Some predict bitcoin could reach $200,000 by 2029, while others support Kiyosaki’s long-term outlook of strong future growth.
Recently, Kiyosaki started investing in Ethereum too, classifying it as “people’s money” alongside bitcoin. Bitcoin advocates warn about mixing the two in the same pot, saying they are very different.
He said, “Ethereum $60. I got this from Tom Lee. Ethereum is block chain for Stable coins. This means Ethereum follows METCALFS law…. The law of NET WORKS.”
Bitcoiners warn that Ethereum should not be treated the same as Bitcoin, because the governance model and fundamentals vastly differ.
