Robert Kiyosaki Sells $2.25M Bitcoin, Eyes $27.5K Monthly Cash Flow Plan
Robert Kiyosaki, author of the Rich Dad, Poor Dad book, spilled the beans on Friday - he'd just sold $2.25 million worth of Bitcoin.
Quick overview
- Robert Kiyosaki sold $2.25 million worth of Bitcoin to invest in surgery centers and a billboard business, aiming for $27,500 monthly income by February 2026.
- Despite the sale, Kiyosaki remains optimistic about Bitcoin, predicting it will reach $250,000 by 2026 after buying it for $6,000 and selling for $90,000.
- Bitcoin recently experienced a significant decline, dropping over 33% from its peak of $126,000, with current prices fluctuating between $80,500 and $84,000.
- Market analysts are divided on Bitcoin's future, with some viewing the current downturn as a temporary blip while others see it as a potential buying opportunity.
Robert Kiyosaki, author of the Rich Dad, Poor Dad book, spilled the beans on Friday – he’d just sold $2.25 million worth of Bitcoin. He’s put the cash from the sale into two surgery centers and a billboard business, part of a plan to get some truly predictable & tax-efficient cash flowing in.
Kiyosaki’s hoping all these investments will bring in a tidy $27,500 per month by February 2026, a move that’s just business as usual for someone who’s always said you should prioritize income-generating assets over the chance to make a quick buck.
And despite the sale Kiyosaki had just made, he’s still pretty optimistic about Bitcoin. He bought it a while back for a paltry $6,000, which he sold for a nice $90,000 – a nice bit of profit if ever there was one. “I’m still pretty bullish about Bitcoin,” he said.
“I’ll be looking at reinvesting any future positive cash flow into buying even more in the future.” He also thinks Bitcoin will hit $250,000 by 2026 and that gold will sit at $27,000 an ounce.
Bitcoin Faces Extreme Fear & Market Volatility
Kiyosaki’s announcement came just as Bitcoin took a serious hit. For a little while, it even dropped to $80,537 on Friday, but then it bounced back up a fair bit to $84,000.
That’s still a whopping decline of over 33% from its peak last October when it was riding high at $126,000. The Crypto Fear & Greed Index now reads 11 – a very low number indeed, which says that people are getting scared.
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That October peak: $126,000
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It’s currently stuck in a bit of a range between $80,500 & $84,000
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The decline from the peak: over 33%
Market analysts are split on whether this downturn is just a temporary blip or signals the start of something more serious.
One veteran trader, Peter Brandt, reckons that even if it drops a bit more, it will still hit $200,000 by Q3 2029. He says that short-term dips can actually help the market in the long run.
Bitfinex analysts, though, point out that the decline is mostly people repositioning their trading portfolios, not a sign of waning interest in Bitcoin.
Analysts Identify BTC “Fire Sale” Zone
Bitwise researcher André Dragosch reckons that Bitcoin could still have some way to go before it hits its true bottom – and that this bottom might just be between $73,000 & $84,000.
He reckons this is the “max-pain” zone – a bit of jargon that actually just means the worst-case scenario for the big players with large investments in Bitcoin.
He’s talking about big players like BlackRock, which has a large stake in the IBIT ETF, currently trading at $84,000, and about people like MicroStrategy, which recently made a larger buy-in at around $73,000.
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That “bottom” zone: $73,000 – $84,000
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The big players he’s referring to: BlackRock & MicroStrategy
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Market sentiment: pretty much at odds with the future of this one, then
Dragosch says that this little strip of Bitcoin price is actually a “fire sale” – that’s a trade term for a sale that is forced by people being unable to meet their liabilities.
The debate that’s sparked highlights how fragile the current Bitcoin market is and how some people are just desperate to sell and get out, even as others see it as a great buying opportunity.
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