$5.3B Cardone Capital Buys Another $10M In Bitcoin Amid Price Dip

Changelly
BTCC


Cardone Capital, a real estate company headed by Grant Cardone, has once again added to its Bitcoin investment in the current market downturn. The company has added around $10 million worth of BTC.

Cardone Capital Adds More Bitcoin

Cardone has revealed that he acquired an additional 130 BTC. This stash is valued at approximately $9.7 million at current BTC price.

On X, he wrote, “CardoneCapital adds another 130 BTC on pullback.” The billionaire investor also made a statement earlier in the day about his views on a more aggressive U.S. Bitcoin policy.

At the time, he wrote: “Trump will PUSH to make USA crypto capital of the world. Book US gold reserves to market value and buy BTC with it.”

itrust

The move comes after Cardone’s remarks at the 2026 Consensus conference in Miami this month about buying BTC. There, he revealed that the company has injected an additional $100 million into Bitcoin and a massive real estate transaction.

“We just simply added another $100 million of Bitcoin,” Cardone said during the event. This BTC reserve was added to the mix in a transaction that included $235 million worth of property.

Moreover, Cardone says the plan is to use digital assets and cash-flow properties in the same investment model. “I have two assets that we just fused together in an LLC,” he said.

Further, the investor argued that a traditional REIT structure cannot replicate the model, as they can’t have Bitcoin on their balance sheet. “These companies can never, ever hold Bitcoin on their balance sheet,” Cardone said. It estimated the hybrid model could return anywhere “somewhere between a 22% and a 32% return.”

Cardone also commented that a lot of the participants who joined the fund before had no direct exposure to Bitcoin. “Eighty percent of the people that invested in that fund own zero Bitcoin,” he said.

The Company’s Crypto-Related Ventures

This new development in the company’s crypto endeavors follows a previous move in 2025. At that time, Cardone Capital acquired 1,000 BTC worth over $100 million at the time. Furthermore, the latest additions have been adding to the firm’s Bitcoin position as well as its property holdings.

Meanwhile, Cardone clarified in Consensus that he was “not putting real estate on the blockchain.” However, he previously said in February that he and his company would tokenize portions of the real estate it owns to enhance secondary market liquidity and ease access to collateral.

Recently, the Cardone Capital founder even visited Trump’s Mar-a-Lago event for Trump Coin holders.



Source link

Ledger

Be the first to comment

Leave a Reply

Your email address will not be published.


*