Kiyosaki Sells $2.25M Bitcoin for Business Investments and Income

Robert Kiyosaki has sold approximately $2.25 million worth of Bitcoin, shifting his strategy from holding the cryptocurrency to investing in businesses that provide steady income. He initially purchased Bitcoin when it was around $6,000 per coin and sold it at about $90,000 per coin.

Investment Shift

Kiyosaki plans to invest the proceeds into two surgery centers and a billboard advertising business.
The expected return is $27,500/month in tax-free income by early next year.
This income will be used to acquire more cryptocurrency over time.

Market Context

Bitcoin experienced price volatility, falling into the low $80,000 range during the announcement.
Investors are monitoring market moves, with some taking profits and others buying dips.
Kiyosaki's strategy emphasizes converting gains into current income while maintaining long-term bullish views on crypto.

Investor Implications

Kiyosaki’s actions highlight balancing future crypto gains with present cash flow needs.
The tax-free status of income depends on business structure and jurisdiction.
His move might influence short-term market sentiment but does not indicate abandoning his positive outlook on Bitcoin's potential.