‘Rich Dad Poor Dad’ Author Dumps Millions in Bitcoin But Says He’s Still Bullish

Rich Dad Poor Dad author Robert Kiyosaki has sold off millions of dollars in Bitcoin that have contributed to the current sell-offs in the market. However, he says he would still be accumulating more Bitcoin over time.

Robert Kiyosaki Explains Why He Sold Millions in BTC

The author announced that he sold about $2.25 million in Bitcoin. He intends to invest the money in opening two surgery centers and a billboard business. The tokens were bought for around $6,000 each. Kiyosaki explained this shows how he uses valuable assets to fund cash-flowing businesses.

Kiyosaki estimates the new businesses will generate about $27,500 per month at the start of next year. He says that, combined with his existing real-estate income, this will boost his monthly financial cushion into the hundreds of thousands of dollars.

Despite the selling, Robert Kiyosaki said that he is still very bullish about the coin and will be buying more with the new sources of income.

“I am still very bullish and optimistic on Bitcoin and will begin acquiring more with my positive cash flow. This has been my “get rich plan” since I began playing Monopoly with my Rich Dad for over 65 years,” he said.

This comes after his warnings about a possible crash. In July, Robert Kiyosaki advised investors to buy BTC during its price drop and cautioned that economic bubbles might soon burst.

More recently, on November 9, Kiyosaki said the coin could surge up to $250,000 in 2026. This came along with a call for gold to reach $27,000 per ounce.

Experts Weigh In as Bitcoin Faces Heavy Pressure

The recent crypto slump has led to projections by top experts of how the token could move in the coming weeks. For example, Arthur Hayes believes the market could be close to a low point. However, he advises investors to wait for a pullback in U.S. stocks before investing a lot of money.

Also, Peter Brandt shared that BTC could reach $200,000 by 2029. He said the current crash is good for its growth. However, he warned that the token could still fall to $58,000.

Meanwhile, BlackRock is still selling off tokens. Yesterday, the asset manager transferred thousands of Bitcoin and Ethereum to Coinbase. The firm has been making these kinds of transfers repeatedly as the market crash continues.