Robert Kiyosaki Announces Bitcoin Sale of .25 Million and Says He’s Bullish

Robert Kiyosaki Announces Bitcoin Sale of $2.25 Million and Says He’s Bullish

Join our Telegram channel to stay up to date with the latest news

“Rich Dad Poor Dad” Author Robert Kiyosaki Sold $2.25 Million Worth of Bitcoin, but said he remains confident in the crypto’s long-term prospects.

The author said in a November 21 post after on

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

“I estimate that my $2.25 million Bitcoin investment in the surgery centers and Bill Board operations will generate positive cash flow of approximately $27,500 per month in February of next year…tax free,” he said.

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

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

Bitcoin price plummets

Bitcoin has plummeted 23% in the past month and even tested the $80,000 mark this week. Since then, losses have narrowed to $84,061.63 as of 1:53 a.m. EST.

BTC price (Source: CoinMarketCap)

BTC is also down 33% from the all-time high (ATH) of $126,198.07 it reached on October 6.

Kiyosaki’s decision to sell Bitcoin came as a matter of fact Crypto Fear & Greed Index dropped four points to an “extreme anxiety” level of 11, compared to 27 a month ago.

Spot Bitcoin ETFs end the week with inflows and record trading volume

As Kiyosaki sold, 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 the inflows that day with $108 million in reserves, while BlackRock’s IBIT was the only fund to record an outflow after investors pulled $122 million from the product.

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

“Wild but also normal: when an ETF or category ‘goes through’ the volume is increased,” says Bloomberg ETF analyst Eric Blachunas about X. “ETFs are liquid relief valves.”

Balchunas too marked Put option volumes for IBIT had a record week.

Related articles:

Best Wallet – Diversify Your Crypto Portfolio

Best wallet
  • Easy-to-use, feature-driven crypto wallet
  • Get early access to upcoming token ICOs
  • Multi-chain, multi-wallet, non-custodial
  • Now in the App Store, Google Play
  • Stake to earn native token $BEST
  • 250,000+ monthly active users

Best wallet


Join our Telegram channel to stay up to date with the latest news


#Robert #Kiyosaki #Announces #Bitcoin #Sale #Million #Hes #Bullish

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *