Categories: Crypto

‘Rich dad’ Kiyosaki sells Bitcoin for over $2 million to invest in surgery centers and a billboard business


Key Takeaways

  • Robert Kiyosaki sold over $2 million in Bitcoin to invest in surgery centers and a billboard business.
  • Kiyosaki remains bullish on Bitcoin and plans to repurchase with his increased cash flow.

Share this article

“Rich Dad Poor Dad” author Robert Kiyosaki cashed out over $2 million in Bitcoin to put money into surgery centers and a billboard business.

In a recent statement on X, Kiyosaki said he sold approximately 25 Bitcoin at $90,000 each, which he originally purchased at $6,000 per coin years ago. The entrepreneur plans to use the proceeds to acquire two surgery centers and invest in a billboard business.

“With the cash from Bitcoin I am purchasing two surgery centers and investing in a Bill Board business,” Kiyosaki wrote. “I estimate my $2.25 million Bitcoin investment into the surgery centers and Bill Board business will be positive cash flowing approximately $27,500 a month income by next February….tax free.”

He said the additional monthly income will add to his existing real estate-based cash flow, bringing his total to hundreds of thousands of dollars per month.

Despite the sale, Kiyosaki remains optimistic about Bitcoin and plans to acquire more using the proceeds of his new investments.

Kiyosaki said earlier this month he actively invested in Bitcoin, Ethereum, gold, and silver, projecting significant price targets such as $250,000 for Bitcoin and $27,000 for gold by 2026, in anticipation of an economic downturn.



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

Elon Musk’s X rolls out feature that shows users’ country of origin – then suddenly removes it

If you were perusing Elon Musk's X late Friday night, you might have seen a…

9 minutes ago

Court Says ‘Serious Issue to Be Tried’

While denying any wrongdoing, Maple said that it plans to pursue available remedies aggressively…

47 minutes ago

Meta wants to get into the electricity trading business

In order to accelerate the construction of new power plants needed to provide energy for…

1 hour ago

Bracing for Impact—Bitcoin’s Weekend Lull Masks Heavy Futures Action and Big Options Bets

Bitcoin is drifting sideways this weekend around the $84,000 range, while the derivatives market is…

1 hour ago

Agentic finance will dismantle Wall Street’s last monopoly

Disclosure: The views and opinions expressed here belong solely to the author and do not…

2 hours ago

Your All-in-One 4K Recording Studio Is Just $30 Right Now

Record in 4K, annotate in real time, and export in multiple formats with this powerful…

2 hours ago