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Real estate investor Grant Cardone said Cardone Capital will continue acquiring bitcoin using income from its properties. The firm manages $5.3 billion in assets and held about $200 million in bitcoin as of May.
newsbtc.comGrant Cardone said on June 26 that Cardone Capital will continue buying bitcoin with cash flow from its rental properties even as prices decline. "We work to improve the cash flow of the Real Estate and buy more BTC as it falls," Cardone posted on X.
He added that he has long promoted combining bitcoin with real assets and using property cash flow to dollar-cost average into bitcoin through volatility.
Cardone Capital manages approximately $5.3 billion in assets, including thousands of residential units and Class A office space. It held roughly $200 million in bitcoin as of May, accumulated from a 1,000-coin purchase in 2025 and subsequent additions. Bitcoin traded at $60,005.92 on June 26 after losing 4.7 percent during the week and falling below $60,000 in recent days.
Cardone Capital buys bitcoin at regular intervals with rental income regardless of price, a process known as dollar-cost averaging. Cardone described the approach as inspired by treasury companies but backed by real assets and cash flow instead of stock or debt issuance.
The firm projects returns of 22 percent to 32 percent from the hybrid model and has no institutional investors shaping its strategy.
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