In a move that has surely made more than a few eyebrows arch, investor and “Rich Dad, Poor Dad” author Robert Kiyosaki, the man who once practically willed us all to throw our hard-earned cash into Bitcoin, revealed on Friday that he’s sold off his entire stash of BTC worth a staggering $2.25 million. The reason? Well, he’s reinvesting the proceeds into businesses he owns-surgery centers and billboards-because what says “financial genius” more than owning a couple of surgery centers and a sign that screams at people?
Kiyosaki, ever the shrewd investor, disclosed that he first acquired Bitcoin “years ago” when it was trading for around $6,000. Fast forward a few years, and he offloads it for a neat $90,000 per coin. If that doesn’t scream ‘I told you so’, nothing will. And the profits, he claims, are being funneled into his growing empire of, yes, surgery centers and a billboard business, no doubt with dreams of financial domination-because who doesn’t want to make $27,500 in tax-free monthly income by February 2026? 😎
“I’m still bullish on Bitcoin,” Kiyosaki was quoted as saying, his faith in the cryptocurrency unshaken despite the market’s wild fluctuations. In fact, he’s so confident that he plans to buy back in with the cash flow from his new ventures. Because, of course, why not double down on a volatile market with a side of surgery and billboards? 🤑
On November 9th, Kiyosaki, in his typically optimistic fashion, set a BTC price target of $250,000 by 2026, alongside a $27,000 per ounce gold target. Because, obviously, why not aim for the stars while holding your business empire together with a firm grip on those surgeries and billboards?
Despair Grips Investors, Because ‘Bear Market’ is the New Black
Meanwhile, the rest of the crypto world seems to be in a full-on panic, with Bitcoin’s price plunging below $85,000 and briefly dipping to $80,537 on Friday before a modest recovery. Some analysts are already waving the “bear market” flag, as the Crypto Fear & Greed Index plummets to an alarmingly low score of 11-extreme fear, apparently, is now a thing to track. Thanks for that, CoinMarketCap. 😬
Bitcoin has dropped over 33% from its all-time high above $126,000, a nosedive that came just days before the historic October 10 crash. A market crash so severe that it triggered the most catastrophic single-day liquidation in crypto history. Because, naturally, crypto markets are basically just an extreme sport now.
Peter Brandt, the seasoned trader with decades of experience and a penchant for making long-term predictions, assured us on Thursday that Bitcoin will reach $200,000 by Q3 2029. Sure, Peter, we’ll just hang on until then, clutching our surgery centers and billboards as our financial saviors. 🤷♂️
Despite the record outflows from Bitcoin ETFs and the ongoing downturn, analysts at crypto exchange Bitfinex remain optimistic that this is merely a short-term blip. So, hold on to your seats, folks-this rollercoaster is far from over.
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2025-11-22 01:24