Rich Dad Poor Dad Author Kiyosaki Sells $3.5 Million in Bitcoin to Invest in Advertising Business

Robert Kiyosaki, the bestselling author of 'Rich Dad Poor Dad', revealed on November 22 that he sold approximately $2.25 million (350 million yen) worth of Bitcoin (BTC) at about $90,000 each. He sold the Bitcoin, which he had purchased years ago at $6,000 per BTC, to fund investments in two surgical centers and a billboard advertising business. Kiyosaki estimates that the $2.25 million investment will generate about $27,500 in tax-free cash flow per month by February next year. He stated that this would supplement the monthly cash flow from his previous real estate-based businesses by several hundred thousand dollars.