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    Home » Grant Cardone buys $101M in Bitcoin to reshape wealth
    News 06/23/2025

    Grant Cardone buys $101M in Bitcoin to reshape wealth

    2 Mins ReadEdie DamionBy Edie Damion
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    23-6-2025 – A groundbreaking convergence of traditional property investment and digital assets has emerged as Cardone Capital announces its inaugural Bitcoin acquisition, securing 1,000 BTC for its corporate treasury.

    The pioneering move by the American property investment heavyweight represents a strategic shift in institutional portfolio diversification, as the real estate mogul is on track to raise more than $1.2B in a series of funds that invest in both bitcoin and commercial real estate. This transformative approach positions Cardone Capital as a trailblazer in the emerging hybrid asset class sector.

    The substantial acquisition, valued at just over $101 million at current market valuations, elevates the firm’s Bitcoin holdings above established mining operators including Core Scientific and Cipher Mining. Chief Executive Grant Cardone revealed ambitious expansion plans, indicating expectations to acquire an additional 3,000 BTC throughout this year, which would quadruple the company’s digital asset holdings.

    The strategic integration builds upon previous innovations, with Cardone Capital launching the 10X Space Coast Bitcoin Fund, a $87.5 million fund combining institutional-grade real estate with Bitcoin purchases earlier this year. This dual-asset approach utilises rental income from debt-free multifamily properties to fund systematic Bitcoin accumulation.

    Cardone Capital, established in 2017 as a private equity real estate enterprise, currently oversees a portfolio exceeding 14,000 residential units with approximately $5.1 billion in assets under management. The firm’s evolution into cryptocurrency demonstrates the growing institutional acceptance of Bitcoin as a treasury reserve asset.

    Meanwhile, parallel developments in the Asian markets underscore the global momentum behind corporate Bitcoin adoption. Metaplanet Inc. has announced the purchase of 1,111 additional Bitcoin, bringing its total holdings to 11,111 BTC, with the Tokyo-listed firm disclosing the acquisition in a June 23 filing, noting a total spend of 17.26 billion yen, about $108 million.

    The Japanese investment firm’s accumulation strategy reflects broader institutional trends, as Metaplanet aims to hold 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027, demonstrating extraordinary confidence in Bitcoin’s long-term trajectory.

    These concurrent corporate strategies signal a maturation phase for Bitcoin as institutions increasingly view the digital asset as a legitimate treasury reserve alongside traditional holdings.

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