Cardone Capital Goes All-In: Snaps Up 1,000 BTC and Eyes $300M More in Bitcoin Buying Spree
Wall Street's latest crypto convert just made a power move. Cardone Capital—the investment firm that used to scoff at digital assets—just dropped nine figures on Bitcoin. And they're hungry for more.
The Bitcoin Pivot: The firm scooped up 1,000 BTC (worth roughly $60M at current prices) in a single swoop. Now they're prepping another $300M purchase—enough to make even MicroStrategy raise an eyebrow.
Why This Matters: When traditional finance players start accumulating BTC like this, it's not FOMO—it's institutional adoption. The move signals growing confidence in Bitcoin as a treasury asset, despite the SEC's best efforts to pretend it's 2017.
The Ironic Twist: Remember when these same suits called crypto a 'passing fad'? Now they're buying the dip faster than retail investors can say 'hardware wallet.' Somewhere in Miami, a hedge fund manager is explaining to his golf buddies why he's suddenly 'always believed in blockchain.'
