Global Stock News

Grant Cardone scoops up 282 BTC as crypto selloff deepens

Grant Cardone scoops up 282 BTC as crypto selloff deepens

Cardone Capital has purchased another 282 Bitcoin worth about $18 million as the cryptocurrency market has retreated toward recent lows amid rising geopolitical tensions.

Summary

  • Cardone Capital bought another 282 BTC worth about $18 million as Bitcoin traded near $62,000.
  • The firm uses rental income from multifamily properties to fund ongoing Bitcoin purchases.
  • Grant Cardone targets 3,000 BTC by 2026 and 10,000 BTC over the longer term.

In a June 19 X post, Grant Cardone announced that his real estate investment firm added 282 BTC to its treasury. Based on current market prices, the purchase is valued at roughly $18 million and comes as Bitcoin (BTC) trades near…

Source link

Share this article

Scroll to Top