Cardone Capital buys 1,000 Bitcoin, targeting another 3,000 BTC.

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Real estate mogul Grant Cardone has just announced the company’s first Bitcoin purchase and has become the latest company to adopt a digital asset treasury strategy.

Cardone Capital has added 1,000 Bitcoin to its balance sheet, becoming the “first real estate company to integrate a full BTC strategy,” CEO Grant Cardone said on X on Saturday.

This billionaire entrepreneur further stated that the strategy is to “combine the two best types of assets, which are real estate and Bitcoin, and the company plans to add an additional 3,000 BTC to its treasury this year.”

According to BiTBO, this acquisition is valued at over 101 million USD at current market prices and will place Cardone Capital ahead of mining companies Core Scientific and Cipher Mining in terms of Bitcoin holdings.

Cardone Capital is a private equity real estate company established in 2017. The company pools capital from investors to acquire multifamily residential properties and currently manages over 14,000 units with an estimated $5.1 billion in assets under management.

CardoneCapital adds ~1000 BTC to balance sheet becoming first ever real estate/btc company integrated with full BTC strategy, combining the two best in class assets

14,200 units plus half million square feet of A* office the group expects to add another 3000 BTC and 5000 units… pic.twitter.com/XvOCO9NkoE

— Grant Cardone (@GrantCardone) June 21, 2025

Launch of real estate fund and BTC

In May, the real estate investment company launched the 10X Miami River Bitcoin Fund, a dual asset fund consisting of a commercial real estate apartment complex with 346 units located on the Miami River in Miami and 15 million USD Bitcoin.

When talking at that time, Cardone said that his brother inspired him to “create a fund where we buy real estate, add Bitcoin to it, and then use the cash flow from the real estate purchases to buy more Bitcoin.”

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