Cardone Capital Expands Real Estate and Crypto Portfolio with 1,200 BTC Addition
Grant Cardone's company, Cardone Capital, has added 1,200 BTC and 2,000 multifamily units to its investment portfolio. This move is part of a hybrid real estate-Bitcoin approach, which aims to generate income through both assets.
The company reinvests the Bitcoin at regular intervals, even when the price is low, from property rentals. Cardone has called this strategy dollar cost averaging, where he buys BTC at various market prices, including during downturns.
Cardone Capital's goal is to reach 10,000 BTC total in 10 specialized investment funds. With this latest addition, the firm solidifies its push for a two-asset model that combines real estate and crypto investing.