Bitcoin-real estate strategy could outperform REITs, says Grant Cardone. Adds more BTC to treasury.
Summary
Real estate mogul Grant Cardone recently announced a $100 million addition of bitcoin to his investment firm, Cardone Capital. This move expands on his hybrid strategy of combining income-producing real estate assets with bitcoin, a model he believes will yield returns between 22% and 32%, significantly outperforming traditional real estate investment trusts (REITs). Cardone argues that REITs are structurally unable to hold bitcoin, giving his firm a competitive advantage by fusing these two asset classes within a single investment vehicle to provide both stability and high-growth potential.
(Source:CoinDesk)