What prompted Robert Kiyosaki to sell his Bitcoin? In a strategic move to diversify his investments, Robert Kiyosaki sold more than $2 million worth of Bitcoin. His aim was to funnel this cash into acquiring surgery centers and launching a billboard business. Kiyosaki reported that he sold around 25 Bitcoin at approximately $90,000 each, a significant profit considering he originally bought them for $6,000 per coin in earlier years.
With the capital gained from this crypto transaction, Kiyosaki intends to invest in two surgery centers and build a billboard business. He anticipates that this investment, totaling $2.25 million, will yield a positive cash flow of about $27,500 each month by next February, with the added benefit of being tax-free.
In addition to this new income stream, Kiyosaki expects the cash flow from his real estate ventures to enhance his overall monthly earnings, reaching hundreds of thousands of dollars.
Despite cashing out on his Bitcoin holdings, Kiyosaki maintains a positive outlook on the cryptocurrency. He plans to reinvest in Bitcoin using proceeds from his recent investments. Earlier this month, he reaffirmed his commitment to investing in various assets, including Bitcoin, Ethereum, gold, and silver. He projects substantial price targets in the future, estimating that Bitcoin could reach $250,000 and gold could hit $27,000 by 2026, particularly in light of anticipated economic challenges.