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Home Cryptocurrency

Cardone Capital buys Bitcoin dips with 100 BTC acquisition

by FeeOnlyNews.com
6 months ago
in Cryptocurrency
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Cardone Capital buys Bitcoin dips with 100 BTC acquisition
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Key Takeaways

Cardone Capital purchased 100 Bitcoin during a market dip, raising its total holdings to 1,100 BTC worth about $127 million.
The firm plans to acquire up to 3,000 more Bitcoin by 2025, aligning real estate investing with crypto exposure.

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Cardone Capital acquired 100 Bitcoin amid a market pullback, adding to its existing holdings of 1,000 BTC worth approximately $115 million, said Grant Cardone, founder and CEO of the real estate company, on Thursday.

Cardone Capital added 100BTC today as it pulled back.

— Grant Cardone (@GrantCardone) August 1, 2025

Bitcoin fell below $115,000 today, reaching its lowest point in three weeks after US President Donald Trump announced new trade tariffs on multiple countries, per CoinGecko. The crypto asset has declined 6.5% from its July all-time high of $122,800.

The broader crypto market also retreated, with Ether dropping 4% to $3,600, XRP declining 5% to under $3, and Solana falling 6% over the past 24 hours.

The real estate investment firm, which manages over 14,000 residential units and $5 billion in assets, first entered the Bitcoin market in late June.

Cardone said at the time that the company aims to acquire an additional 3,000 Bitcoin for its treasury by the end of 2025, combining what he called “the two best-in-class assets,” real estate and Bitcoin.

CardoneCapital adds ~1000 BTC to balance sheet becoming first ever real estate/btc company integrated with full BTC strategy, combining the two best in class assets

14,200 units plus half million square feet of A* office the group expects to add another 3000 BTC and 5000 units… pic.twitter.com/XvOCO9NkoE

— Grant Cardone (@GrantCardone) June 21, 2025

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