Grant Cardone’s company invests $10 million in Bitcoin
Crypto Briefing
Grant Cardone's company, Cardone Capital, is investing $10 million in Bitcoin amid recent market turbulence.Summary
Cardone Capital, the real estate company founded by Grant Cardone, announced it is acquiring $10 million worth of Bitcoin. This investment expands the firm's existing hybrid model, which combines institutional real estate holdings with cryptocurrency assets. Cardone stated that his company remains long-term holders of both real estate and Bitcoin. The move occurs while Bitcoin is experiencing price fluctuations, having recently dropped from above $95,000 to below $92,000 due to geopolitical tensions. Cardone has a history of purchasing Bitcoin during market dips as part of his strategy to target higher returns by blending the two asset classes.
(Source：Crypto Briefing)