Cardone Capital Adds 1,200 BTC, Doubling Down on Bitcoin and Multifamily Housing

U.S. real estate investment firm Cardone Capital has expanded its Bitcoin holdings, adding 1,200 $BTC to its treasury. The company, led by founder Grant Cardone, announced the purchase on X (formerly Twitter), stating that it is simultaneously growing its multifamily housing portfolio and its Bitcoin reserves.

Cardone Capital’s Growing Bitcoin Treasury

Grant Cardone confirmed the acquisition in a post on X, noting that the firm added approximately 2,000 apartment units and another 1,200 $BTC. This latest purchase brings Cardone Capital’s total Bitcoin holdings to over 4,000 $BTC, based on earlier disclosures. Earlier this month, the company reported holding more than 2,800 $BTC.

The move aligns with Cardone’s public advocacy for Bitcoin as a hedge against inflation and a store of value. He has repeatedly emphasized the importance of diversifying into hard assets, and the firm’s treasury strategy now includes both real estate and cryptocurrency.

Institutional Interest in Bitcoin and Real Estate

Cardone’s announcement comes amid a broader trend of institutions and corporations adding Bitcoin to their balance sheets. While some companies are pivoting to data centers and AI infrastructure, Cardone Capital is maintaining its focus on multifamily housing and Bitcoin. This dual approach highlights a growing belief among some investors that Bitcoin can serve as a complementary asset to traditional real estate investments.