Crypto'Rich dad' Kiyosaki sells Bitcoin for over $2 million...

‘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.

Share this article

“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.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

BlackRock Leads Institutional Crypto Inflow Surge With $600 Million Bitcoin Acquisition

Bitcoin's volatility is picking up on the back of considerable institutional inflows over the past week, mostly led...

How To Make Money With Crypto? A Beginner’s Guide

Want to make money with crypto? If yes, you’ve landed on the right page. From active trading strategies...

Prosecutors find drafts of secret deal linking Milei to LIBRA, Hayden Davis

The advisory agreement between Davis and Milei was discovered on a suspect’s phone during the country’s ongoing LIBRA...

The billionaires made a promise — now some want out

In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a...

Advertisement

‘Integrity Infrastructure’ Key to Prediction Market Survival, Says Pred CEO

Prediction markets gained attention for their accuracy in forecasting events but now face scrutiny over allegations of insider...

Must read

BlackRock Leads Institutional Crypto Inflow Surge With $600 Million Bitcoin Acquisition

Bitcoin's volatility is picking up on the back...

How To Make Money With Crypto? A Beginner’s Guide

Want to make money with crypto? If yes,...

You might also likeRELATED
Recommended to you