Cardone Capital is a real estate investment company that manages multifamily residential properties and Bitcoin funds.
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Cardone Capital purchased 20 bitcoins at $76,500 each and added them to its real estate and Bitcoin hybrid asset portfolio. (Cointelegraph)
According to Bitcoin Magazine, real estate investment firm Cardone Capital, which manages approximately $5.3 billion in assets, has purchased another 350 bitcoins worth approximately $26.9 million.
Grant Cardone, CEO of real estate investment company Cardone Capital, stated that Cardone Capital has increased its holdings by 350 Bitcoin, worth approximately $22.3 million.
According to CoinDesk, Grant Cardone, CEO of real estate investment company Cardone Capital, stated that Cardone Capital has added 10.5 Bitcoin to its holdings through July cash flow, and its real estate-Bitcoin hybrid strategy holdings have exceeded 2,700 BTC.
Grant Cardone, CEO of U.S. real estate investment firm Cardone Capital, tweeted that he has long advocated combining Bitcoin with physical assets—using cash flow generated from real estate assets to consistently dollar-cost average into Bitcoin amid its price volatility, and increasing Bitcoin holdings during price declines. Meanwhile, his team is focused on enhancing cash flow from real estate projects to strengthen overall portfolio allocation capabilities.
According to Grant Cardone’s previous statement, the company plans to hold 3,000 BTC by the end of 2026 and ultimately accumulate 10,000 BTC across multiple investment vehicles.