Robert Kiyosaki Discloses $2.25M Bitcoin Sale, Says He’s Bullish

Robert Kiyosaki Discloses $2.25M Bitcoin Sale, Says He's Bullish

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“Rich Dad Poor Dad” author Robert Kiyosaki sold $2.25 million worth of Bitcoin, But he said he remains confident about cryptocurrencies’ long-term prospects.

The author said on November 21 mail On

He said he will use the $2.25 million proceeds to buy two surgery centers and will also invest in a billboard business.

“I estimate that my $2.25 million Bitcoin investment in Surgery Centers and the Billboard business will be positive cash income flowing in at about $27,500 per month by next February… tax-free,” he said.

Kiyosaki added that the passive income of $27,500 per month will add to his “positive real estate business,” which will make his “cash flow cushion a little more resilient.”

Despite the sale, Kiyosaki said he is “still very bullish on Bitcoin” and that it will start “getting more with positive cash flow.”

Bitcoin prices are falling

Bitcoin is down 23% in the past month and even Tested the $80,000 mark this week. It has since trimmed its losses to trade at $84,061.63 as of 1:53 AM EST.

Bitcoin price (Source: CoinMarketCap)

Bitcoin is also down 33% from its all-time high (ATH) of $126,198.07 hit on October 6.

Kiyosaki’s decision to sell Bitcoin came as… Fear and Greed Index in Cryptocurrencies It fell four points to a “severe fear” reading of 11, down from 27 just a month ago.

Spot Bitcoin ETFs End the Week with Record Inflows and Trading Volume

With Kiyosaki’s selling, Bitcoin ETFs recorded inflows of $238.4 million yesterday, ending a tough week that saw outflows in six of the previous seven sessions.

Fidelity’s FBTC led inflows on the day with $108 million entering its reserves, while BlackRock’s IBIT was the only fund to record outflows after investors pulled $122 million from the product.

BTC ETFs also recorded record trading volumes of $11.5 billion, with BlackRock’s IBIT accounting for $8 billion of the total.

“Wild but also normal — when an ETF or category passes, volume is high,” Eric Plachunas, a Bloomberg ETF analyst, said on X. “ETFs are liquid release valves.”

Balchunas too Highlight Additional IBIT option volumes had a record week.

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