Kiyosaki disclosed that he sold his Bitcoin at $90,000 after he forecast a $250,000 price target for BTC in 2026 earlier in November.
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Investor and “Rich Dad, Poor Dad” author Robert Kiyosaki disclosed on Friday that he sold his $2.25 million in Bitcoin () and is reinvesting the money into businesses he owns to generate additional cash flow.
Kiyosaki that he acquired the BTC “years ago” when it was and sold it at about $90,000. The profits from the investment will be funnelled into two “surgery centers” and a billboard business, he said.
The investment in these businesses is expected to yield $27,500 in tax-free monthly income by February 2026, he estimated.
“I am still very bullish and optimistic on Bitcoin and will begin acquiring more with my positive cash flow,” he said. On Nov. 9, Kiyosaki forecast a by 2026 and a $27,000 per ounce price target for gold.
The announcement came as a to some investors, and during the , as Bitcoin fell below $85,000, briefly tapping $80,537 on Friday before rebounding back to about $84,000, the price at the time of this writing.
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The Crypto Fear & Greed Index, a metric that tracks investor market sentiment, fell to a multi-year low of 11 on Friday, indicating “extreme fear,” according to .
Bitcoin has dropped by over 33% from its reached in October, days before the on Oct. 10 that triggered the most severe single-day liquidation in crypto history.
Peter Brandt, a veteran trader with decades of experience, on Thursday that , adding that the market flush is positive for BTC, which he remains long-term bullish on.
Record outflows from Bitcoin exchange-traded funds and the ongoing downturn , rather than weakening institutional demand for BTC or deteriorating fundamentals, analysts at crypto exchange Bitfinex said on Friday.
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