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Cardone Capital Bets Big: Real Estate Giant Plots 1,000+ Bitcoin Buy

Cardone Capital Bets Big: Real Estate Giant Plots 1,000+ Bitcoin Buy

Author:
Coingape
Published:
2025-04-29 13:27:40
11
3

Miami-based investment firm Cardone Capital—known for its aggressive real estate plays—is diving headfirst into crypto. Founder Grant Cardone confirmed plans to acquire over 1,000 BTC, signaling a seismic shift for traditional finance heavyweights.

Why now? The move comes as institutional FOMO reaches fever pitch, with Bitcoin hovering near all-time highs. Cardone’s pivot follows MicroStrategy’s playbook—though skeptics note the timing reeks of late-cycle desperation.

Wall Street meets crypto: The planned purchase would position Cardone Capital among the top corporate BTC holders overnight. One hedge fund manager quipped: ’Nothing cures FOMO like overpaying for digital scarcity.’

Cardone Capital, a real estate investment firm managing $5 billion in assets, is set to expand into the crypto space with a plan to acquire more than 1,000 Bitcoin. The move signals a strategic shift as the firm looks to diversify its holdings and tap into the growing value of digital assets. With this step, Cardone Capital joins other major institutions recognizing Bitcoin as a long-term store of value and a hedge against traditional market volatility.

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