Background

Cardone Capital Launches $150M Bitcoin-Real Estate Fund

Article arrow_drop_down
10x miami bitcoin fund launch
Key Points:

  • Cardone Capitalโ€™s new fund merges real estate and Bitcoin strategy.
  • Institutional investors are invited with a $250,000 minimum.
  • Goal: Build a $1 billion real estate and $200M BTC treasury.

cardone-capital-launches-10x-miami-river-bitcoin-fund
Cardone Capital Launches 10X Miami River Bitcoin Fund

Cardone Capitalโ€™s launch could alter real estate investment approaches and increase institutional Bitcoin demand, impacting financial strategies.

The 10X Miami River Bitcoin Fund, led by Grant Cardone, intends to bridge real estate investment with the increasing interest in digital currencies. Cardone, a prominent real estate figure, noted that using real estate cash flow to purchase Bitcoin could offer substantial gains. The fund plans to raise $150 million, focusing on a Miami multifamily property while accumulating Bitcoin using monthly property income.

โ€œMy brother said to me, you should look at if you would have converted all your cash flow from real estate to Bitcoin and what that would have done over the last 12 years. Well, it would have taken $160 million and turned it into around $3 billion,โ€ said Grant Cardone, CEO of Cardone Capital.

Cardone intends for this fusion of real estate and cryptocurrency to attract significant investment. With a $250,000 minimum investment, it targets institutional investors looking for exposure to both assets. The fundโ€™s strategy highlights the potential of a $1 billion real estate and $200 million Bitcoin treasury, suggesting a growing acceptance of Bitcoin as a treasury asset.

The fund is among the first to merge real estate and Bitcoin at an institutional level, potentially setting a precedent for similar investment vehicles. If successful, it could influence broader industry trends by demonstrating real estateโ€™s compatibility with digital currency investment strategies.

No official statements from regulatory bodies like the SEC are available yet, but the fund aligns with US securities requirements for private investment structures. The fund generates interest among traditional investors, positioning Bitcoin as a viable treasury asset in the real estate market.

The initiative might encourage other asset managers to incorporate digital currencies within traditional financial structures. Historical trends of Bitcoin normalization in similar contexts could further establish its role in diversified portfolios.

About the author

Related

About Coinlineup

CoinLineup is a specialized platform dedicated to empowering investors with the knowledge and tools needed to succeed in both the financial stock market and the crypto market. Our primary focus is to provide comprehensive market insights by delivering real-time and historical data, solid investment strategies, and trading tips. We aim to equip investors with accurate information, allowing them to make well-informed decisions in their financial endeavors.

Copyright 2024 coinlineup.com. Crypto, Stocks, and Forex โ€“ All in One Place.

Login to enjoy full advantages

Please login or subscribe to continue.

โœ–

Go Premium!

Enjoy the full advantage of the premium access.

Login

โœ–

Stop following

Unfollow Cancel

โœ–

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

โœ–