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Kiyosaki’s Bitcoin Liquidation Supports New Business Ventures
Author Robert Kiyosaki recently revealed that he sold $2.25 million worth of Bitcoin (BTC) to invest in income-generating businesses, marking a notable change from his previous stance of holding the cryptocurrency indefinitely.
From Long-Term Hold to Strategic Liquidation
Kiyosaki, the author of Rich Dad Poor Dad, had consistently stated in the past that he would not sell his Bitcoin, citing no immediate need for cash. He described Bitcoin as a long-term store of value and a hedge against fiat currency risks.
In an X post on November 22, he shared that the Bitcoin sold was originally purchased at $6,000 per coin and sold for roughly $90,000 per coin.
Investment Shift to Cash-Flow Assets
The proceeds from the sale are being directed toward acquiring two surgery centers and investing in a billboard business. According to Kiyosaki, these ventures are expected to generate about $27,500 in monthly income by February next year, tax-free.
He explained that these new investments complement his existing cash-flow positive real estate and business holdings, strengthening his overall income position. Kiyosaki emphasized that this move aligns with his long-standing wealth-building strategy: converting assets into cash-flowing businesses, a principle reflected in his Cashflow board game.
Continued Optimism on Bitcoin
Despite the sale, Kiyosaki remains positive about Bitcoin. He noted that he plans to acquire more BTC as his positive cash flow allows, framing the liquidation as a strategic step rather than a retreat from the cryptocurrency.
He has previously warned that an economic crash could wipe out wealth and has highlighted the importance of holding assets such as Bitcoin, silver, and gold for financial preservation.
Bitcoin Faces Major Decline
Kiyosaki’s announcement comes amid one of Bitcoin’s most significant downturns in recent history. The asset, which had been holding near the $80,000 support level, was trading at $84,497 at press time, down over 12% in the past week.
November has been particularly challenging, with Bitcoin dropping roughly 23% for the month, marking its steepest monthly decline since June 2022. This follows the October 10 liquidations that erased $19 billion in leveraged bets and reduced the overall crypto market value by about $1.5 trillion.
Even with the recent decline, Bitcoin remains over 30% below its early-October record, reflecting the volatility that continues to shape the cryptocurrency market.
