Cardone Capital Adds $100M Bitcoin to $235M Property Deal

Real estate investor Grant Cardone announced at the Consensus Miami 2026 conference that his firm, Cardone Capital, has added $100 million worth of Bitcoin to a $235 million property investment, bringing the company's total Bitcoin holdings to approximately $200 million.

The transaction uses a hybrid limited liability company structure that combines income-producing real estate with cryptocurrency assets. Cardone described the approach as fusing two investment categories to generate stable rental cash flows alongside Bitcoin's potential price appreciation. "We believe by combining real estate and bitcoin, I'll end up with somewhere between a 22 and a 32 return," he said during a fireside chat.

This move builds on a 2025 acquisition when Cardone Capital purchased 1,000 Bitcoin for just over $100 million. Cardone emphasized a key advantage over traditional real estate investment trusts, or REITs, which face regulatory restrictions barring them from holding Bitcoin on their balance sheets. "These companies can never, ever hold bitcoin on their balance sheet," he stated. The strategy positions the fund to outperform conventional real estate options, Cardone said, while providing a...