Cardone Capital buys Bitcoin dips with 100 BTC acquisition

Key Takeaways

• Cardone Capital purchased 100 Bitcoin during a market dip, raising its total holdings to 1,100 BTC worth about $127 million.
• The firm plans to acquire up to 3,000 more Bitcoin by 2025, aligning real estate investing with crypto exposure.

Cardone Capital acquired 100 Bitcoin amid a market pullback, adding to its existing holdings of 1,000 BTC worth approximately $115 million, said Grant Cardone, founder and CEO of the real estate company, on Thursday.

Bitcoin fell below $115,000 today, reaching its lowest point in three weeks after US President Donald Trump announced new trade tariffs on multiple countries, per CoinGecko . The crypto asset has declined 6.5% from its July all-time high of $122,800.

The broader crypto market also retreated, with Ether dropping 4% to $3,600, XRP declining 5% to under $3, and Solana falling 6% over the past 24 hours.

The real estate investment firm, which manages over 14,000 residential units and $5 billion in assets, first entered the Bitcoin market in late June.

Cardone said at the time that the company aims to acquire an additional 3,000 Bitcoin for its treasury by the end of 2025, combining what he called “the two best-in-class assets,” real estate and Bitcoin.