Cardone Capital Expands Hybrid Real Estate-Bitcoin Approach with $5.3B Investment
Grant Cardone's investment firm, Cardone Capital, is expanding its unique hybrid real estate-Bitcoin approach by adding approximately 1,200 BTC and 2,000 multifamily units to its portfolio.
This move follows the company's strategy of incorporating Bitcoin into private investment funds that generate income from real estate holdings. According to Cardone, this dollar cost averaging method involves buying Bitcoin at various market prices, including during downturns.
The goal is to reach a total of 10,000 BTC in 10 specialized investment funds. This approach provides rental properties with an additional source of returns through the sale of Bitcoins bought using the cash flow from rentals.