Grant Cardone, a well -known real estate investor, announced that his firm Cardone Capital, added 1,000 BTC to its balance.
“Cardonecapital adds 1,000 BTC to sheet balance to be the first -first real estate/BTC company integrated with the entire BTC approach that combines two best in class ownership,” Cardone says in an x post.
At current market prices, the purchase costs only over $ 100 million. If Cardone Capital is a company that has been exchanged publicly, this acquisition will place it in top 30 corporates who hold Bitcoin worldwide, ranking near the 29th largest, according to In bitcointreasuries.
Cardone went to reveal that Cardone Capital currently holds 14,200 residential units and over half a million square feet of Class A.’s office space A. The firm expects to add another 3,000 BTC and 5,000 residential units before the end of the year.
Back in January, CoinDesk Cardone reported to use real estate cash flow to capture Bitcoin, which signed a long-term crypto investment approach.
