Grant Cardone Bets Big on Bitcoin, Adds $100M to Cardone Capital’s Balance Sheet
Real estate tycoon Grant Cardone has made a bold move into the crypto space, announcing that Cardone Capital has purchased 1,000 BTC, valued at over $100 million at current market prices.
In a post on X (formerly Twitter), Cardone described the acquisition as a groundbreaking step, declaring Cardone Capital “the first-ever real estate/BTC company integrated with a full bitcoin strategy combining the two best-in-class assets.”
This significant investment would rank Cardone Capital among the world’s top 30 corporate bitcoin holders if it were publicly listed, placing it close to the 29th-largest position, based on figures from bitcointreasuries.
Beyond crypto, Cardone Capital currently holds 14,200 residential units and more than 500,000 square feet of Class A office space. Cardone revealed ambitious plans to grow further, aiming to acquire another 3,000 BTC and 5,000 residential units by year-end.
Cardone’s crypto ambitions aren’t new. Back in January, CoinDesk reported his intention to leverage cash flow from real estate operations to steadily build bitcoin reserves — a strategy signaling long-term confidence in digital assets.
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