Cardone Capital Makes $5.1B Bitcoin Bet: Snaps Up 1,000 BTC, Plans to Grab 3,000 More

Wall Street meets crypto—again. Cardone Capital just dropped a $5.1 billion vote of confidence in Bitcoin, gobbling up 1,000 BTC and eyeing another 3,000. Because nothing says 'hedge against inflation' like doubling down on digital gold while traditional finance plays catch-up.

The move:
A private equity giant pivots hard into crypto. Cardone’s 1,000 BTC buy-in isn’t just a dip—it’s a plunge. And with plans to triple their position, they’re betting big on Bitcoin’s next act.

Why it matters:
When firms like this move, markets notice. This isn’t meme-coin speculation—it’s institutional money chasing scarcity. And let’s be real: after years of Wall Street sneering, watching them FOMO into BTC is *chef’s kiss*.

The kicker:
If you’re waiting for the 'smart money' to signal the all-clear, here’s your sign. Or maybe it’s the top. (Cue the cynical laughter from crypto OGs.)

Real estate and BTC fund launched 

In May, the real estate investment firm launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, and $15 million in Bitcoin. 

Speaking to Cointelegraph at the time, Cardone said his brother inspired him to “create a fund where we buy real estate, add Bitcoin, and then use the cash FLOW from the real estate purchase to buy more Bitcoin.”

Metaplanet hits 11,111 BTC

Cardone Capital isn’t the only company buying Bitcoin over the past week. Japanese Bitcoin investment strategy firm Metaplanet has also been increasing its treasury with the announcement of the acquisition of an additional 1,111 BTC on Monday. 

The latest purchase, at a price of $105,700 per Bitcoin, brings the total holdings to 11,111 BTC, worth around $1.12 billion at current market prices.

Strategy’s Saylor hints at more 

Meanwhile, Strategy founder Michael Saylor has hinted at another Bitcoin purchase with his regular weekend post of the portfolio tracker, which has preceded a Monday acquisition in previous weeks. 

“Nothing Stops This Orange,” Saylor said, captioning the chart, which showed a treasury value of just under $61 billion.