Cardone Capital Seizes Opportunity: Snaps Up 100 Bitcoin for $11M Amid BTC Price Dip
Wall Street meets crypto winter—Cardone Capital just made a power play. The investment firm gobbled up 100 BTC at $11 million while weak hands panicked during the latest price slump.
Buying the dip or catching a falling knife? Either way, they’ve doubled down on digital gold while traditional finance still debates whether Bitcoin is ‘a real asset.’ Spoiler: It’s outperforming their bonds.
With this move, Cardone joins the ranks of institutional players betting big on crypto’s long game—proving once again that fear sells, but accumulation wins.
Real Estate Meets Crypto
In May, Cardone Capital kicked off the 10X Miami River Bitcoin Fund, which has a 346-unit property with $15 million in Bitcoin. This came upon establishment when Cardone’s brother suggested merging Bitcoin and real estate profits. Moreover, the way the fund is structured allows real estate cash FLOW to purchase more Bitcoin, ensuring a snowballing effect over time.
The investment coincided with Cardone’s criticism of the current U.S. Federal Reserve monetary policy. He blamed high rates for unaffordable housing. “$450K at 7% equals $2,993 monthly,” he noted, urging reforms that lower borrowing costs for homebuyers.
No reason one man sets interest rates for entire county – end the FED.
7% vs 4% Math
The ONLY thing that can make housing affordable is lower interest rates.
$450k @ 7% = $2,993 per month
$450k @ 4%= $2,148 per month
Crypto Treasuries Gain Momentum
Cardone joins a growing list of firms shifting capital into crypto. Strategy, another leader in this space, launched a $4.2 billion equity program to fund more BTC buys. Moreover, publicly listed firms recently purchased over $3 billion in ETH, which is 45 times the weekly ETH issuance. Consequently, digital asset treasury models are becoming a serious trend in institutional finance.
Also Read: Strategy CEO Calls Firm Stock Undervalued After $10B Profit in Q2
