Cardone Capital has purchased another 282 Bitcoin worth about $18 million as the cryptocurrency market has retreated toward recent lows amid rising geopolitical tensions. In a June 19 X post, Grant Cardone announced that his real estate investment firm added…
- Grant Cardone's firm, Cardone Capital, has purchased an additional 282 BTC (approx. $18 million) amidst a cryptocurrency market downturn.
- The firm funds these Bitcoin acquisitions using rental income from its multifamily real estate properties, employing a dollar-cost-averaging strategy.
- Cardone Capital aims to hold 3,000 BTC by 2026 and 10,000 BTC long-term, integrating Bitcoin holdings within its real estate investment structure.
Topics: Asset types, Institutional adoption, Blockchain usage, Alternative assets, Asset manager initiatives, Ethereum evm l 1 s
Tags: #grantcardone #cardonecapital #bitcoin #realestate #treasury #rentalincome #investmentstrategy #cryptomarket #blockchain
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