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Grant Cardone, CEO / Founder at Cardone Enterprises and Founder & CEO of Cardone Capital (real estate investment platform), has announced that Cardone Capital is increasing its BTC allocation for its newest real estate project from 350 BTC to 900 BTC.
The move highlights a significant increase in the company's use of cryptocurrency for real estate investments.
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Cardone has previously expressed confidence in Bitcoin, noting a $189,000 price target amid a cryptocurrency rally in earlier statements. In a separate development, he discussed a special announcement for Fund V and VI investors issued by California courts, as reported in previous coverage. The latest BTC allocation increase follows these earlier initiatives.