Cardone Capital, a real estate investment firm managing over $5 billion in assets, has introduced the 10X Miami River Bitcoin Fund. This unique fund combines a 346-unit multifamily commercial property in Miami, Florida, with $15 million worth of Bitcoin. Founder Grant Cardone revealed that the fund will convert a portion of its cash flows into BTC. The long-term goal is to amass $1 billion in real estate and $200 million in Bitcoin. By blending income-generating assets with Bitcoin, the fund aims to disrupt traditional real estate investment vehicles. Cardone also plans to introduce a rewards program in Satoshis for tenants, encouraging Bitcoin adoption. Additionally, the firm is exploring a hybrid Bitcoin mortgage product. This innovative approach aims to simplify Bitcoin investment for investors and tenants, driving adoption and providing exposure to the digital asset. Read more AI-generated news on: https://app.chaingpt.org/news

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