Cardone Capital Adds 1,200 BTC and 2,000 Multifamily Units
Cardone Capital has added about 1,200 BTC and roughly 2,000 multifamily units to its real estate-backed Bitcoin strategy.
The private investment firm uses a dollar-cost averaging plan to buy Bitcoin with rental income from selected properties, including a 366-unit apartment complex in Boca Raton.
Grant Cardone, founder of Cardone Capital, aims to accumulate 10,000 BTC across 10 specialized investment funds and has projected annual returns of 22% to 32% for the hybrid vehicles.