Cardone Capital's Bitcoin Holdings Surge to Over 2,800 BTC Amid Real Estate Expansion
Grant Cardone's real estate investment firm, Cardone Capital, has significantly increased its Bitcoin holdings to over 2,800 BTC. This move is part of a hybrid strategy that combines traditional real estate investments with cryptocurrency exposure.
The company acquired a 282-unit apartment property in Naples, Florida, as part of this strategy, expanding its portfolio to approximately 15,000 housing units and over $5.4 billion in assets under management.
Cardone stated that the firm purchased an additional 350 BTC yesterday, bringing its total to over 2,800 BTC. At current market prices, this stake is valued in the hundreds of millions of dollars.