Cardone Capital Doubles Down on Bitcoin and Multifamily Housing
Cardone Capital, a US-based real estate investment firm, has expanded its Bitcoin holdings by adding 1,200 BTC to its treasury. This move brings the company's total Bitcoin reserves to over 4,000 BTC.
Founder Grant Cardone confirmed the acquisition in a post on X (formerly Twitter), noting that the firm also added approximately 2,000 apartment units to its multifamily housing portfolio.
The company is doubling down on both real estate and cryptocurrency investments, with Cardone emphasizing the importance of diversifying into hard assets. He has repeatedly stated that Bitcoin serves as a hedge against inflation and a store of value.