Nexo Earn with Nexo
Grant Cardone’s company invests $10 million in Bitcoin

Grant Cardone’s company invests $10 million in Bitcoin

Cardone Capital’s latest move comes as Bitcoin faces recent turbulence.

Cardone Capital is buying the Bitcoin dip. The real estate company is adding $10 million in Bitcoin to its portfolio, said founder and CEO Grant Cardone in a Monday statement.

Advertisement

The investment expands the company’s hybrid model, combining institutional real estate with crypto assets.

The move comes amid Bitcoin’s recent price fluctuations. The digital asset fell from above $95,000 to below $92,000 on Sunday as investors reacted to rising tensions between the US and several European countries over the Greenland issue.

Bitcoin was trading at $93,184 at press time, down 2% over the past 24 hours, according to CoinGecko.

Cardone has a history of buying Bitcoin during market dips, following a strategy of acquiring the asset below market value. His company combines real estate and Bitcoin investments to target higher returns.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Grant Cardone’s company invests $10 million in Bitcoin

Grant Cardone’s company invests $10 million in Bitcoin

Cardone Capital’s latest move comes as Bitcoin faces recent turbulence.

Cardone Capital is buying the Bitcoin dip. The real estate company is adding $10 million in Bitcoin to its portfolio, said founder and CEO Grant Cardone in a Monday statement.

Advertisement

The investment expands the company’s hybrid model, combining institutional real estate with crypto assets.

The move comes amid Bitcoin’s recent price fluctuations. The digital asset fell from above $95,000 to below $92,000 on Sunday as investors reacted to rising tensions between the US and several European countries over the Greenland issue.

Bitcoin was trading at $93,184 at press time, down 2% over the past 24 hours, according to CoinGecko.

Cardone has a history of buying Bitcoin during market dips, following a strategy of acquiring the asset below market value. His company combines real estate and Bitcoin investments to target higher returns.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.