Grant Cardone adds $100 million in Bitcoin to real estate deal, targeting 32% returns
Summary
Grant Cardone, leader of Cardone Capital, has announced a $235 million real estate investment combined with a $100 million Bitcoin allocation. By merging traditional real estate cash flow with the appreciation potential of Bitcoin, Cardone aims to outperform standard REITs, projecting returns of 22% to 32%. This move increases the firm’s total Bitcoin holdings to approximately $200 million, with a long-term goal of acquiring 10,000 BTC by 2026. The strategy also serves to introduce new investors to the cryptocurrency market, as most participants in the fund previously lacked exposure to digital assets.
(Source:Crypto Briefing)