Take Rent, Invest That: How Grant Cardone Is Mixing Real Estate and Bitcoin
Grant Cardone, a prominent real estate entrepreneur, is merging the worlds of real estate and Bitcoin through his investment strategies. His company, Cardone Capital, is now offering funds where physical properties serve as anchor assets, and tenant payments are allocated for strategic Bitcoin purchases. Cardone's latest initiative is the 10X Miami River Bitcoin Fund, which is linked to a 346-unit property in Miami, reflecting his belief that combining stable real estate with the volatile nature of Bitcoin could enhance investment returns. For accredited investors earning over $200,000 annually, this fund marks the fourth such vehicle introduced by Cardone. He has plans for tenants in properties to become investors as well, emphasizing a unique approach to blending traditional and digital assets. Cardone's vision aligns with emerging trends where institutional investors are also exploring similar mixes of real estate and cryptocurrency. His observations suggest a growing interest and potential in this innovative financial strategy, which could reshape how investments are approached in the future.
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