- Cardone Capital sacks a thousand BTC, and rumor says 3,000 more might join the ranch soon
- The big-money institutions finally sniffin’ bitcoin like a prospector starin’ at a creek
Out where the board decks meet the marble floors, Cardone Capital decided old ways weren’t worth a plugged nickel no more. They set their sights on Bitcoin—a thousand shiny digital nuggets, stashed where the mice and moths can’t get at ‘em. Plans are afoot for three thousand more, because why stop at just one crazy idea when you could have four?
A $400M BTC Gambit (Or, How to Roll Dice With Skyscraper Money)
Nothing says “confidence” like shoving $101 million into a bunch of numbers on a screen. Grant Cardone, who apparently never met a risk he didn’t want to buy dinner, mixed real estate and Bitcoin, calling it the “two best-in-class assets”—which is bold, coming from a man who once tried to sell everything at a ten-times markup.
With their $5 billion stack of apartments and office towers, Cardone’s crew now holds more coin than some of those so-called ‘crypto cowboys’—Core Scientific and Cipher Mining, who should probably be checking under the bed for loose change. Welcome to the new West, folks: one hand on your wallet, the other on your Ledger.
Why Now? Why Not Next Tuesday?
Rome wasn’t built in a day, and neither was a Bitcoin fortune. The fever started with the 10X Miami River Bitcoin Fund, where a 346-unit apartment block started moonlighting as a coin generator. Half rent, half Satoshi. If the tenants ever pay in dogecoin, all bets are off.
Grant Cardone’s prolonged blockchain love affair goes back to 2024, when he tried to hawk a $42 million property on Propy, a site so decentralized even the sign-up page feels lost.
Institutions Want a Slice of This Weird, Digital Pie!
Cardone isn’t the only one tipping his hat to crypto. This week, Wall Street suit-wearers started eyeing those digital coins like hungry cattle at feeding time.
Parataxis Holdings from the Big Apple splurged $18 million buying Bridge Biotherapeutics—rebranding the whole shebang into a Bitcoin vault faster than you can say “pharma pump.” North of the border, Universal Digital decided altcoins were yesterday’s biscuits and cashed out in favor of pure, raw Bitcoin. Can’t blame them; at least a Bitcoin won’t give you indigestion.
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2025-06-24 07:16