Cardone Capital acquires 185 Bitcoin for $15.3M
Crypto Briefing
Cardone Capital purchased 185 Bitcoin for $15.3 million as part of its diversification strategy.Summary
The real estate investment firm Cardone Capital acquired 185 Bitcoin for $15.3 million. This purchase is part of the company's ongoing strategy to expand into crypto assets, supporting hybrid projects that combine real estate with digital assets. Cardone Capital, which primarily focuses on multifamily properties, is using this acquisition to diversify its investments beyond traditional real estate holdings. The purchase occurred while the broader cryptocurrency market was experiencing a significant downturn.
(Source：Crypto Briefing)