Tag: experienced financial journalist

Robert Kiyosaki Bought Bitcoin at $6,000

The post Robert Kiyosaki Bought Bitcoin at $6,000 appeared com. Bitcoin Robert Kiyosaki, investor and author of Rich Dad, Poor Dad, has disclosed that he recently sold a portion of his Bitcoin holdings and reinvested the proceeds into businesses he owns. Key Takeaways: Robert Kiyosaki sold roughly $2. 25 million worth of Bitcoin to reinvest in income-producing businesses. He expects the new ventures to generate about $27, 500 in tax-free monthly cash flow by February 2026. Kiyosaki remains bullish on Bitcoin and plans to buy more using the passive income rather than his savings. According to Kiyosaki, the move was not driven by a loss of confidence in the cryptocurrency market but by a shift in strategy toward increasing recurring income. Early BTC Accumulation Turned Into Business Expansion Kiyosaki stated that the Bitcoin he sold was accumulated several years ago when the price was near $6,000. He exited his position at around $90,000, generating approximately $2. 25 million in proceeds. The capital is now being allocated to two surgery centers and a billboard business that he owns. He estimates that these acquisitions will generate roughly $27, 500 per month in tax-free income beginning in February 2026. Still Bullish on BTC Despite Liquidation Despite liquidating a substantial portion of his Bitcoin, Kiyosaki emphasized that he remains optimistic about the asset. He confirmed that he intends to buy more Bitcoin in the future but plans to do so using income from his newly expanded business operations rather than personal cash reserves. On November 9, he reiterated a price prediction of $250, 000 for Bitcoin by 2026 and a $27, 000 price target for gold. Sale Announced During Height of Market Downturn The announcement came during a period of significant market stress. Bitcoin briefly dropped below $85,000 this week and touched $80,537 before recovering toward $84,000 at the time of writing. The Crypto Fear & Greed Index fell to.