Cardone Capital adds 1,200 BTC using rental income

Cardone Capital has added about 1,200 BTC and 2,000 multifamily units to its real estate-backed Bitcoin strategy, increasing both assets held across its private investment vehicles. Summary Cardone Capital has added about 1,200 BTC and roughly 2,000 multifamily units. Rental income from selected properties funds recurring Bitcoin purchases through a dollar-cost averaging plan. Grant Cardone plans to accumulate 10,000 BTC across 10 specialized investment funds. The private funds carry Bitcoin volatility, property-market risks, and limits on investor withdrawals. Grant Cardone said in an X post on Aug. 28 that his $5.3 billion real estate investment firm was “doubling down” on its multifamily and Bitcoin model by adding about 2,000 apartments and 1,200 BTC. Cardone did not provide the purchase price, execution dates, or a breakdown showing which funds received the Bitcoin. He also did not identify the newly added properties or disclose whether all 2,000 units came from one transaction. The firm’s model places income-producing apartment buildings and Bitcoin inside private investment vehicles. Rather than relying mainly on new stock or debt sales, Cardone Capital directs part of the r...