Cardone Capital Buys 1,000 Bitcoin, Eyes More

Grant Cardone’s $5.1 billion real estate firm, Cardone Capital, has purchased 1,000 Bitcoin (BTC), marking its entry into a hybrid treasury strategy combining real estate and crypto. The firm aims to acquire another 3,000 BTC this year. This move, valued at over $101 million for the initial purchase, positions Cardone Capital among significant corporate Bitcoin holders, aiming to leverage real estate cash flow for further BTC accumulation.