I have read these questions and answers. None of them answered my question.
Specifically when the answers say:
Therefore the speed at which an object can rotate will be limited by the electromagnetic forces holding the object together against the mechanical centrifugal forces, and will depend on the atomic structure of the object.
No need of speed of light, already if you rotate a piece of dough the outer levels will fly away :). One would have to calculate the forces for a specific size steel ball , for example, and get a limit for that ball. It will answer how fast must it rotate for the surface atoms to split off due to centrifugal forces.
Now in case of a black hole it is not only EM forces and strong force that holds material together, but gravity becomes a force to reckon with. Gravity becomes so strong in a black hole's case that not even massless (particles with no rest-mass) particles can escape.
And then this one:
They rotate because they are produced by matter that has net angular momentum, and angular momentum is conserved in axially symmetric space-time. So, there's nothing unusual making them rotate that's different from any other physics.
However, you are absolutely right to object that rotation of an infinitesimally small point wouldn't make much sense. In quantum mechanics, we talk about infinitesimally small particles having intrinsic angular momentum ("spin") but this is a uniquely quantum effect and General Relativity is a classical theory. So, your question is a good one. Fortunately, it has a simple answer: the singularity of a rotating black hole in GR is not a point, it's a ring around the black hole's axis of rotation. A rotating ring - even an infinitesimally small one - is sensible because it's topologically distinct from a zero dimensional point.
An ideal black hole with non-zero angular momentum is described by the Kerr metric. The singularity of such a black hole is not a point.
So I am talking about the black hole that is more then just a singularity, and even the singularity is not a point.
So the assumption (might be wrong) should be that gravity is so strong, it might even stand the test of centrifugal force near the speed of light rotation.
Obviously, no material object can rotate at the speed of light, not even a black hole, but measurements say that they can come close to it, sometimes 0.86c.
Is there a certain speed limit where the black hole would rotate so fast, that centrifugal forces would overcome EM/strong and even gravitational forces holding material in the black hole together and the hole would start falling apart (might be the wrong term) or stop being a singularity? So the hole would start reversing from being a black hole, and the singularity would explode/expand (like big bang)?
Is there any experimental/observational documentation where I could read about that they have calculated/measured the rotational speed of a black hole (and how did they measure it) and how much faster it needed to rotate to start falling apart (if it is possible at all) or stop being a black hole?