Real estate company Grant Cardone has announced the first purchase of the company Bitcoin as it has become the latest company that adopts a digital asset strategy.
Cardone Capital 1000 Bitcoin added (BTCTo its public budget, it becomes “the first real estate company/Bitcoin company integrated with the full BTC strategy”, Grant Grant Cardone He said On Saturday.
The billionaire businessman added that the strategy “combined the best assets in its class”, real estate and bitcoin, and added that the company expects to add another 3000 BTC to its treasury this year.
The value of the purchase is just over $ 101 million at the current market prices and will place Cardone Capital on mining companies Core Scientific And mining in terms of bitcoin possesses, According to To bitbo.
Cardone Capital is a private real estate company launched in 2017.
Real estate and BTC Fund launched
In May, Real Estate Investment Company Firing The 10x Miami River Bitcoin box, a double asset fund consisting of a multi -capacity commercial property of 346 units located on the Miami River in Miami, and $ 15 million in Bitcoin.
Related to: Bitcoin “Weakness must pass” after a decline less than $ 100,000: Arthur Hayes
Speaking to Cointelegraph at the time, Cardone said his brother inspired him to “create a box where we buy real estate, add Bitcoin, then use the cash flow from buying real estate to buy more Bitcoin.”
Metaplanet strikes 11111 btc
Cardone Capital is not the only company that buys Bitcoin last week. Metaplanet for Japanese Bitcoin Investing also increases its treasury with advertisement From the acquisition of an additional 1111 BTC on Monday.
The latest purchase, at a price of $ 105,700 per bitcoin, up to the total holdings of 11111 BTC, at a value of about $ 1.12 billion at the current market prices.
Silor wins more strategic
At the same time, the founder of the strategy Michael Sailor He has Glimpse In buying another bitcoin with regular weekend mail Who tracked the wallet, which was previously acquired on Monday in previous weeks.
“Nothing stops this orange,” said Silor, which distinguishes the graph, which showed the value of the treasury less than $ 61 billion.
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