Real estate mogul Grant Cardone thinks he has an answer to what ails the crypto treasury industry — pair Bitcoin with rental income.

His fund buys multifamily housing, collects rent, and channels the proceeds into additional Bitcoin purchases, giving investors exposure to property appreciation alongside the asset’s price swings.

It is a model built for a market that no longer rewards passive accumulation.

Companies Search For Ways To Put Bitcoin To Work

That shift in thinking comes as the broader crypto treasury sector posts its weakest numbers in well over a year. Monthly inflows into digital asset treasury companies have fallen to roughly $555 million, according to data from DefiLlama — the lowest reading since October 2024.

At that…