Grant Cardone’s Cardone Capital said it is expanding a strategy that combines real estate investments with Bitcoin accumulation, with the company announcing about 1,200 Bitcoin and 2,000 multifamily housing as part of the latest expansion.
Cardone, founder of the real estate investment firm, said in an August 28 X post that the company was “doubling down” on its multifamily and Bitcoin model.
The announcement did not specify the Bitcoin purchase price, the timing of the transactions, or which investment vehicles acquired the assets. Cardone also declined to identify the newly added properties or confirm whether the 2,000 units were the result of a single transaction.
Cardone also said at the Consensus 2026 conference in Miami that the company had added $100 million in Bitcoin through a transaction involving about $235 million in real estate. The assets were held through a limited liability company rather than a conventional real estate investment trust, according to Cardone.
“While Institutions pivot to data centers Cardone Capital double downs on Multi-Family/BTC model, adding ~2000 units and 1200 BTC. pic.twitter.com/MIURtpMIST
— Grant Cardone (@GrantCardone) August 28, 2026
The latest announcement did not provide a consolidated Bitcoin balance across all of Cardone Capital’s investment funds after the reported addition. Investors in the private funds hold interests in the investment vehicles rather than owning Bitcoin directly. Third-party institutional custodians handle cryptocurrency custody and trade execution.
The next development will be whether the firm provides further details on the 1,200 BTC purchase, the newly acquired apartment units and the combined Bitcoin holdings of its investment funds.
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