The king of real estate and author of 10X Motivations Grant Cardone has burst into crypto, buying 1000 $BTC through his company Cardone Capital. Now they are the first real estate company to officially stash Bitcoin in their treasury as if it were a new apartment in Miami 😄
Cardone believes that real estate + Bitcoin = "two best assets in one boat" 🛶 and plans to buy another 3000 BTC by the end of the year.
The company has already launched a hardcore hybrid — 10X Miami River Bitcoin Fund: 346 apartments + $15 million in Bitcoin. Rental income will be converted into new Bitcoins. Profit and crypto in one package 🏘️💸
As a result, Cardone Capital has even outpaced miners like Core Scientific in BTC reserves. With this strategy of "rent out housing — accumulate Bitcoins," they could set a trend in the good old real estate market. Who's next? 😏