‘Take Rent, Invest That’: How Grant Cardone Is Mixing Real Estate and Bitcoin
Summary
Grant Cardone has launched the 10X Miami River Bitcoin Fund, integrating Bitcoin with real estate investments. The fund, anchored by a 346-unit property on the Miami River, aims to attract investors with limited Bitcoin exposure. Cardone Capital manages $5 billion in assets and seeks to combine the stability of real estate with the volatility of Bitcoin. Monthly income from the property will be allocated for Bitcoin purchases. The fund is available only to accredited investors earning over $200,000 annually. Cardone plans to allow tenants to invest in properties, enhancing their engagement. He believes his approach gives him a competitive edge over traditional real estate investors who face bureaucratic challenges.
