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- Cardone Capital received 1,000 BTC, with plans to add another 3,000
- Institutions are now looking at bitcoins like a treasury
Cardone Capital has just become the first real estate investment company to aggressively accepted Bitcoin [BTC]. The bold new strategy of the company combines real estate with digital assets and does a way to tell about how the institution is approaching long -term values right now.
BTC game of $ 400 million
Cardone Capital started a new era for investing real estate addition 1,000 BTC – worth about $ 101 million – into your balance sheet. In fact, it plans to hit 3,000 BTC by the end of the year. According to the CEO of Grant Cardone, it is the merger of the “two best assets in his class”.
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With more than $ 5 billion, Cardone Capital is now exceeding cryptoral companies such as the main scientific and encrypted extraction in BTC Holdings. It is placed among the largest institutional Bitcoin holders in the US real estate sector.
Why now?
That didn’t happen overnight.
Momentum began 10 times Miami River Bitcoin Fund, which paired a home complex of 346 units with $ 15 million in BTC. Real estate rental income is partially converted into bitcoins and offers a self -sufficient model of crypto cash registers.
Granta Cardone’s interest in blockchain dates back to 2024 when he stated a $ 42 million property per propoy, a decentralized real estate platform.
Institutions want!
But Cardone is not alone. There has been a series of institutional this week Bitcoins buy.
New York’s Parataxis Holdings revealed an agreement of $ 18 million to obtain bridge biotherapeutics and changed biotechnology on the Kosdaq list to a bitcoin state treasury. Meanwhile, Universal Digital, a Canadian crypto investment company, announced that it would leave its altcoin positions in favor of a pure bitcoin strategy.
