Rich Dad Poor Dad Author Sells $2.25M Bitcoin, Eyes $250K Target
Robert Kiyosaki, author of Rich Dad Poor Dad, sold 25 BTC worth $2.25 million at about $90,000 each—coins he bought at $6,000. He redirected the proceeds into two surgery centers and a billboard advertising venture expected to generate about $27,500 in tax-free monthly cash flow by February. Despite the Bitcoin sale, Kiyosaki remains bullish on Bitcoin, forecasting a $250,000 BTC price by 2026 and planning to reinvest this cash flow into further BTC purchases. Bitcoin recently dipped below $82,000 before rebounding to $84,490, a 30% drop from its $126,080 peak. Analyst Peter Brandt views this pullback as a healthy reset and predicts BTC could reach $200,000 by Q3 2029, reinforcing a positive market outlook.
Bullish
Although Kiyosaki’s $2.25 million Bitcoin sale represents a significant offload, the proceeds are funneled into cash-flow ventures with plans to buy more BTC. His $250,000 price target for 2026 and Peter Brandt’s forecast of $200,000 by 2029 reinforce a long-term bullish outlook. Short-term, the recent dip below $82,000 and rebound to $84,490 suggest healthy volatility rather than a downtrend. Overall, this news underlines continued confidence in Bitcoin’s upward trajectory.