Robert Kiyosaki, the legendary author of “Rich Dad Poor Dad,” has reportedly liquidated a significant portion of his Bitcoin assets, valued in the billions of rupiah. This decision was made to reallocate funds into business assets believed to offer more stable returns and passive income potential.
According to a report from Trading View, Kiyosaki sold Bitcoin worth approximately $2.25 million USD. At an exchange rate of Rp16,671 per USD, this amounts to roughly Rp37.5 billion. The transaction occurred when Bitcoin prices were around $90,000 USD per coin.
Kiyosaki revealed on his personal X account that he purchased the Bitcoin several years ago for about $6,000 USD per coin. This sale represents a strategic move to convert “on-paper” profits into more tangible income.
Fund Allocation to the Business Sector
The $2.25 million USD proceeds from the Bitcoin sale were immediately allocated by Kiyosaki to two types of business investments. Firstly, he purchased two surgical centers, and secondly, he invested in a billboard advertising business.
Kiyosaki projects that these two new business investments will generate positive cash flow. He estimates a monthly income of around $27,500 USD, equivalent to Rp458.4 million, which is expected to begin materializing next February. More notably, this income is claimed to be tax-free.
This additional income will strengthen Kiyosaki’s already positive cash flow position from his real estate ventures. With this addition, his total monthly cash flow buffer is estimated to reach hundreds of thousands of US dollars.
Market Sentiment and Kiyosaki’s Message
Kiyosaki’s move comes amidst significant fluctuations in Bitcoin’s price. During the same period, Bitcoin’s price had briefly dropped to around $80,000 USD. Market participants often observe the movements of prominent figures for market sentiment signals.
Kiyosaki’s decision to sell some of his Bitcoin has divided market opinion. Some investors are seen taking profits, while others are using the price dip as an opportunity to buy. Kiyosaki’s primary message is the importance of converting profits into real income first.
Nevertheless, Kiyosaki emphasizes that his optimism towards Bitcoin remains unshaken. He still believes in its long-term price appreciation potential and even plans to accumulate more crypto assets once the cash flow from his businesses strengthens. He stated he is very optimistic and will acquire more Bitcoin in the future through his positive cash flow.
Implications and Investment Flexibility
Reports indicate that Kiyosaki still anticipates Bitcoin prices to surge in the future. His previously set bullish targets remain firmly in place. However, the strategy of selling some assets while retaining the rest sends two important signals: confidence in future potential and a preference for current income stability.
For some investors, this move might be considered a cautious strategy. For others, it is a form of smart asset management. Kiyosaki views these new businesses as reliable “income vehicles.”
It is important to note that claims of tax-free income are highly dependent on the business’s operational structure and location. Tax regulations vary by country and business legal entity, so “tax-free” results may not be universally applicable to all investors.
Measured Reaction in the Crypto Market
Some market observers view Kiyosaki’s action as a routine portfolio rebalancing step. However, many also consider it potentially market-sentiment-influencing news in the short term. It remains unclear whether such a significant sale by a public figure will have a permanent impact on Bitcoin’s price.
Bitcoin’s price is influenced by various factors, ranging from macroeconomic data, regulatory signals, movements of large investors (whales), to overall market sentiment. Kiyosaki has not changed his bullish stance on Bitcoin. He has simply astutely converted some of his crypto gains into assets that provide regular payouts, while also building a foundation to invest more in crypto assets in the future.
