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Cardone Capital buys $101M in Bitcoin, with plans to add 3000 BTC more!
Real estate investment firm, Cardone Capital, has made a significant move into the cryptocurrency space by acquiring a massive $101 million worth of Bitcoin. The company’s CEO, Grant Cardone, emphasized that this is not just a one-time deal, as they have planned to add an additional 3,000 Bitcoins (BTC) to their balance sheet before the year-end.
This unprecedented bet on Bitcoin marks a significant shift in the traditional real estate investment strategy. By merging digital assets with its core business of luxury apartments and commercial properties, Cardone Capital is paving the way for other institutions to reevaluate their long-term value creation strategies.
Source: ambcrypto.com
