Cardone Capital has procured an additional 282 Bitcoin, worth around $18 million, as the cryptocurrency market faces a pullback due to rising geopolitical tensions.
Summary
- Cardone Capital has acquired 282 BTC valued at approximately $18 million, with Bitcoin trading near $62,000.
- The firm utilizes rental income from multifamily properties to support ongoing Bitcoin acquisitions.
- Grant Cardone aims to accumulate 3,000 BTC by 2026 and ultimately reach 10,000 BTC.
On June 19, Grant Cardone announced via X that his real estate investment firm has added 282 BTC to its holdings. This acquisition, valued at nearly $18 million based on current market rates, takes place as Bitcoin (BTC) remains around the $63,000 mark following a market decline tied to increasing tensions in the Israel-Lebanon area.
This latest purchase follows Cardone Capital’s previous acquisition of 130 BTC for approximately $9.7 million during an earlier market downturn. This transaction is part of an expanding Bitcoin strategy that Cardone is implementing alongside income-generating real estate investments.
Cardone enhances Bitcoin holdings via rental income
Earlier this year, Cardone Capital disclosed that it has acquired nearly 1,000 BTC after investing $10 million in Bitcoin back in January. These investments are facilitated through a dollar-cost-averaging approach that directs rental income from selected multifamily properties towards Bitcoin purchases.
Included in these properties is a 366-unit apartment complex located in Boca Raton. Rather than distributing excess cash flow to investors or reinvesting it into real estate, the firm allocates a portion of that income to Bitcoin acquisitions.
Cardone has previously stated that the firm plans to reach 3,000 BTC by the end of 2026 and is ultimately aiming for a total of 10,000 BTC across different investment platforms.
During his speech at the Consensus 2026 conference in Miami, Cardone remarked that the company has recently increased its Bitcoin allocation by an additional $100 million. This acquisition is part of a larger transaction that also included around $235 million in real estate investments.
Cardone described the company’s model as a combination of Bitcoin and real estate consolidated within the same limited liability company, distinguishing it from traditional real estate investment trusts that usually do not feature Bitcoin on their balance sheets.
Integrating real estate with Bitcoin strategy beyond treasury investments
Cardone has consistently linked the company’s Bitcoin strategy with its real estate portfolio. He estimates that merging these asset classes could generate annual returns of between 22% and 32%, noting that many investors in the firm’s offerings had no prior exposure to Bitcoin.
According to Cardone, approximately 80% of the investors in one of the firm’s Bitcoin-linked real estate funds had never owned Bitcoin before joining.
The company has also introduced investment products focused on this innovative concept. As previously reported by crypto.news, Cardone Capital launched the 10X Miami River Bitcoin Fund in May 2025, combining a 346-unit apartment complex on the Miami River with a $15 million Bitcoin allocation. The fund also diverts a portion of rental income toward further Bitcoin acquisitions.
Cardone’s involvement with blockchain-based assets extends beyond mere treasury accumulation. In early 2024, he listed his $42 million Golden Beach property on Propy, a blockchain-enabled real estate marketplace that facilitates transactions in both Bitcoin and U.S. dollars via a decentralized title registry and escrow system.
