Robert Kiyosaki, the best-selling creator of Wealthy Dad Poor Dad, revealed on Friday that he liquidated his Bitcoin, regardless of predicting earlier this month that the maiden crypto would hit $250,000 in 2026.
Robert Kiyosaki Reveals Why He Bought His Bitcoin
In a Friday publish on the X (previously Twitter) social media platform, Kiyosaki stated he bought $2.25 million in BTC and funneled the proceeds into two “surgical procedure facilities” and a billboard enterprise to generate more money movement. Based on his estimates, the funding in these companies ought to yield roughly $27,500 in tax-free month-to-month revenue by February of subsequent 12 months.
The famend actual property mogul acknowledged that he bought Bitcoin “years in the past” when it was valued at simply $6,000 and bought it at roughly $90,000 per coin.
Regardless of the sale, Kiyosaki emphasised that he stays very bullish on Bitcoin and plans to amass extra of the cryptocurrency with the brand new sources of revenue.
“I’m nonetheless very bullish and optimistic on Bitcoin and can start buying extra with my optimistic money movement. This has been my “get wealthy plan” since I started taking part in Monopoly with my Wealthy Dad for over 65 years,” he postulated.
His newest remarks come after his declare on Nov. 15 {that a} world money scarcity was driving the market-wide crash, and that he was holding onto his BTC. On the time, he indicated plans to scoop up extra Bitcoin as soon as the downturn ended.
Earlier this month, Kiyosaki projected that Bitcoin may hit $250,000 by 2026, whereas warning of an inevitable collapse in U.S. financial stability. This got here alongside a name for gold to succeed in $27,000 per ounce.
Persevering with within the grip of panicky promoting, Bitcoin fell to sub-$82,000 earlier on Friday earlier than bouncing again barely to $84,490 as of press time, in response to crypto information supplier CoinGecko. BTC is now down over 30% from its file stage of $126,080 set on Oct.6.
In the meantime, legendary chart analyst Peter Brandt just lately recommended that Bitcoin will faucet $200,000 in Q3 2029, including that the most recent market pullback was a wholesome reset for BTC, which he stays long-term bullish on.
