'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.
“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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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