TechFlow News, June 20: According to a post by Grant Cardone on X, his real estate investment firm Cardone Capital has acquired an additional 282 BTC. At current market prices, this purchase is valued at approximately $18 million.
According to Crypto.news, this latest acquisition was made during a recent market downturn—marking another addition to Cardone Capital’s Bitcoin holdings, following its earlier purchase of 130 BTC worth roughly $9.7 million. The company employs a dollar-cost averaging strategy, allocating rental income from selected multifamily residential properties toward Bitcoin purchases.
As previously stated by Grant Cardone, the firm aims to hold 3,000 BTC by the end of 2026 and ultimately accumulate 10,000 BTC across multiple investment vehicles.
