Grant Cardone, the well -known investor in real estate, has announced that his company, Cardone Capital, has added 1,000 BTC to his balance.
“CardoneCapital adds 1,000 BTC to the balance that is first of all real estate/BTC Company integrated with full BTC strategy that combines the two best in class assets,” ” said Cardone in an x post.
At the current market prices, the purchase is worth a little more than $ 100 million. If Cardone Capital were to be a listed company, this takeover would place it in the top 30 of the business holders of companies in the company worldwide, according to the 29th largest, according to the 29th, according to the 29th to Bitcointreasuries.
Cardone also revealed that Cardone Capital currently has 14,200 residential units and more than half a million square feet of class A office space. The company expects to add another 3,000 BTC and 5,000 residential units before the year ends.
In January, Coindesk reported the intention of Cardone to use the real estate cash flow to acquire Bitcoin, indicating a long-term crypto investment strategy in the long term.