Bitcoin sale worth $2.25 million
Kiyosaki, who was confident that Bitcoin would rise with a strong buying theory, is known to have sold Bitcoin worth 3.3 billion won. /The Fact DB
[더팩트ㅣ정소양 기자] It was revealed that investor Robert Kiyosaki, well-known as the author of the best-selling book ‘Rich Dad, Poor Dad’, recently sold off a large amount of Bitcoin he held. Kiyosaki, who had been confident in the rise of Bitcoin with a strong buying theory just a few days ago, is actually selling during the price adjustment phase, sparking controversy.
On the 22nd (local time), Kiyosaki announced that he had sold approximately $2.25 million (approximately 3.3 billion won) worth of Bitcoin through his social media. He explained that he bought Bitcoin at around $6,000 and sold it at about $90,000 (about 130 million won).
Kiyosaki warned earlier this month that “a shocking decline will come soon,” but has emphasized, “That’s why I buy, not sell.” In addition, he has maintained a consistent bullish stance, evaluating Bitcoin as a “true scarce asset” and suggesting next year’s price target of $250,000 (approximately 370 million won). Contrary to these statements, this sale is in effect cashing out part of the stock held in the midst of a market correction.
He said he plans to invest the proceeds from this sale in acquiring two surgery centers and a billboard business, and said, “By February next year, we can generate tax-free cash flow of about $27,500 per month.” Kiyosaki described this as “a ‘get rich plan’ that has been practiced for a long time.”
Meanwhile, Bitcoin has been continuing its significant decline recently. In a situation where market volatility is increasing, with the stock falling more than 10% this week alone and threatening the $80,000 level during the day, the news of Kiyosaki’s sale is attracting more attention.
jsy@tf.co.kr
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