Prominent financial author Robert Kiyosaki sold $2.25 million in Bitcoin during a steep market downturn, a move that publicly contradicted his recent advice to cryptocurrency investors.
The “Rich Dad Poor Dad” author disclosed the sale on X, stating he liquidated Bitcoin purchased years ago at approximately $6,000 per coin for an estimated $90,000 per unit. This transaction yielded a return exceeding 1,400% on that portion of his portfolio.
Kiyosaki stated he plans to use the proceeds to invest in traditional assets, specifically acquiring two surgery centers and a billboard business. He anticipates these investments will generate a tax-free cash flow of $27,500 per month starting in February 2026.
His long-term strategy, he explained, involves using this consistent cash flow to accumulate more Bitcoin. Despite the recent sale, Kiyosaki maintained his optimistic outlook for the cryptocurrency.
He previously predicted Bitcoin could reach $250,000 by 2026 and even suggested a range of $175,000 to $350,000 by the end of the current year.
Just one week before his sale announcement, Kiyosaki had advised followers that he was “not selling” and was “waiting,” promising to “buy more Bitcoin when the crisis ends.” His recent post directly stated:
PRACTICING WHAT I TEACH:
I sold $2.25 million in Bitcoin for approximately $90,000.
I purchased the Bitcoin for $6,000
a coin years ago.
With the cash from Bitcoin I am purchasing two surgery centers and investing in a Bill Board business.
I estimate my $2.25 million…— Robert Kiyosaki (@theRealKiyosaki) June 21, 2024
The disclosure came as the cryptocurrency market faced significant volatility, with Bitcoin’s price briefly falling towards $80,000.
Bitcoin had declined more than 30% from its all-time high of approximately $126,000 reached last month, wiping out all gains accumulated earlier in 2025. The digital asset was trading around $83,700 at the time of the announcement.
The market’s “Fear & Greed Index” registered “extreme fear,” hovering between 10 and 11 points, while K33 Research analysts characterized the correction as one of the most severe since 2017. They identified the $73,000-$84,000 range as a potential “panic sell” zone and a possible cycle bottom.
Kiyosaki defended his action as “practicing what I teach,” emphasizing his financial philosophy of prioritizing cash flow through real estate and strategic debt. He noted this approach aligns with his principles taught in books like “Rich Dad Poor Dad.”
The move generated mixed reactions within the crypto community, with some critics labeling him a “fraud” for not holding Bitcoin indefinitely, while others lauded his discipline in taking profits.