Cardone Capital has bought $10m in Bitcoin and now holds ~1,000 BTC, using rental income from multi-family properties to fund a long-term 10,000 BTC target.
Summary
- Cardone Capital disclosed a fresh $10m Bitcoin purchase, lifting its holdings to roughly 1,000 BTC as part of a multi-year digital asset allocation plan.
- The firm diverts rental cash flows from properties like a 366-unit Boca Raton complex into systematic BTC dollar-cost averaging instead of new deals or payouts.
- CEO Grant Cardone targets 3,000 BTC by end-2026 and 10,000 BTC longer term, with plans for a 2026 IPO of a dedicated Bitcoin treasury vehicle backed by real estate income.
Cardone Capital has acquired $10 million in Bitcoin, bringing the firm’s total holdings to approximately 1,000 BTC, the company disclosed recently. The purchase represents part of a multi-year allocation plan combining institutional real estate operations with digital asset accumulation.
Cardone Capital adds BTC
The acquisition is funded through a dollar-cost-averaging model linked to rental income from select properties, according to the company. Cardone Capital directs cash flow from assets including a 366-unit apartment complex in Boca Raton toward Bitcoin purchases rather than distributing proceeds or reinvesting in additional real estate.
The firm aims to accumulate 3,000 BTC by the end of 2026, with a longer-term target of 10,000 BTC across various investment vehicles, according to CEO Grant Cardone.
Cardone stated the company plans to pursue a 2026 initial public offering of a dedicated entity structured to hold a corporate Bitcoin treasury. The entity would utilize real estate depreciation and rental income to support ongoing Bitcoin accumulation, according to the company.
Cardone Capital manages several billion dollars in assets and positions Bitcoin as a long-term reserve asset paired with real estate cash flows, according to company statements. The firm states this approach combines stable income streams with Bitcoin exposure.
The transaction follows a pattern among some institutional investors of integrating Bitcoin into diversified portfolios alongside traditional asset classes rather than treating the digital currency as a standalone investment.
