Cardone Capital, the real estate investment company led by well-known entrepreneur Grant Cardone, has made a groundbreaking move by purchasing 1,000 Bitcoin — marking the first time a real estate firm has made such a substantial investment in cryptocurrency. This bold decision brings digital assets into the core of a traditional real estate business, blending two powerful investment strategies: property and crypto.
With over 14,200 rental units and more than 500,000 square feet of premium office space under management, Cardone Capital is already a major player in the real estate sector. Now, it’s positioning itself at the cutting edge of finance by embracing Bitcoin as part of its long-term strategy.
Real Estate and Bitcoin: A “Best-in-Class” Investment Duo
Grant Cardone, known for his aggressive growth strategies, has referred to both real estate and Bitcoin as “best-in-class” investments. The firm’s recent Bitcoin purchase is valued at more than $100 million, with current Bitcoin prices hovering around $102,000. But the company isn’t stopping there. Cardone Capital plans to buy another 3,000 Bitcoin and acquire an additional 5,000 rental units by the end of the year — a strong signal of confidence in both markets.
This move not only diversifies the firm’s asset portfolio but also reflects a growing trend of blending physical and digital investments. Cardone’s dual focus could serve as a model for other institutional investors looking to bridge traditional and modern finance.
Industry Response and Future Impact
Cardone Capital’s Bitcoin acquisition has drawn attention from across the financial world. Notably, MicroStrategy founder and prominent Bitcoin advocate Michael Saylor publicly congratulated Cardone on X (formerly Twitter), highlighting the significance of the purchase within the broader crypto community.
If the company follows through with its plan to acquire 3,000 more Bitcoin, its total cryptocurrency holdings could surpass $400 million — putting Cardone Capital on the map as a serious player in the digital asset space.
As real estate and crypto increasingly intersect, Cardone Capital’s strategy may spark a new wave of hybrid investment models, reshaping how institutional investors think about asset diversification in the years ahead.