Grant Cardone: AI-driven Bitcoin selloff not tied to business fundamentals

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Bitcoin selloff not tied to fundamentals

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Jose Antonio Gastelum

03.06.2026

Grant Cardone: AI-driven Bitcoin selloff not tied to business fundamentals — Bitcoin selloff not tied to fundamentals

Grant Cardone, CEO and founder at Cardone Enterprises and Cardone Capital, addresses recent Bitcoin selloffs by marginal holders shifting to artificial intelligence investments.

Cardone asserts that these movements do not reflect the underlying fundamentals for those with businesses built around BTC.

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Cardone previously highlighted Michael Saylor’s sale of only 32 BTC out of more than 843,000, stressing the move represented a small fraction of large holdings. He has also outlined that a $10 million investment could generate a $12 million loss and $500,000 cash flow. Both cases reinforce Cardone’s focus on the scale and structure of investment positions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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