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Jun 23, 2025, 1:40 p.m.
- Cardone Capital’s $100 million BTC purchase positions it among the largest corporate Bitcoin holders.
- The firm plans to add 3,000 BTC and 5,000 more units by year-end, merging real estate with crypto finance.
Grant Cardone, the well-known real estate investor, has announced that his firm, Cardone Capital, has added 1,000 BTC to its balance sheet.
“CardoneCapital adds 1,000 BTC to balance sheet becoming first ever real estate/BTC company integrated with full BTC strategy combining the two best in class assets,” .
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At current market prices, the purchase is worth just over $100 million. If Cardone Capital were a publicly traded company, this acquisition would place it among the top 30 corporate bitcoin holders globally, ranking near the 29th largest, according .
Cardone went on to reveal that Cardone Capital currently holds 14,200 residential units and over half a million square feet of Class A office space. The firm expects to add another 3,000 BTC and 5,000 residential units before the year ends.
Back in January, reported Cardone’s intention to use real estate cash flow to acquire Bitcoin, signaling a long-term crypto investment strategy.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to . For more information, see .
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. .
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