Grant Cardone announces $100M Bitcoin backed real estate deal
@GrantCardone: Grant Cardone new Bitcoin deal
Grant Cardone, founder of Cardone Capital, announced an unprecedented real estate investment opportunity, combining a property deal in Boca Raton with an infusion of $100 million in Bitcoin.
During an upcoming live investor call, Cardone will outline the details of this groundbreaking venture, which involves a minimum investment of $5 million and encompasses 366 residential units. This initiative is poised to become the largest real estate transaction backed by Bitcoin to date. Cardone Capital has been known for exploring innovative investment approaches, and this venture solidifies its commitment to integrating cryptocurrency within traditional markets.
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Cardone’s embrace of alternative assets underscores a broader pattern of disruption that has characterized his career. His willingness to challenge established norms is evident not only in ventures like integrating cryptocurrency with real estate, but also in his candid assessment of the luxury jet market, as seen when he publicly addressed issues surrounding Gulfstream customer service quality. Further, Cardone’s consideration of a prospective transition from Gulfstream to Bombardier highlighted his pragmatic approach to high-value assets—an outlook now mirrored in his latest foray into crypto-backed property investment.
In the previous news, tweet author Grant Cardone discussed financial strategies for wealth building.
