Bitcoin Magazine publishes Cardone interview on Bitcoin-funded real estate strategy
Bitcoin Magazine published an interview in which Cardone Capital founder Grant Cardone says he funds apartments with Bitcoin and targets 25,000 BTC.
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Why it matters
The interview is a promotional account of one firm's strategy and carries no confirmed transaction beyond Cardone's own description, so its verified significance is limited. It documents Bitcoin being used as a real estate balance sheet asset, a structure retail investors have argued REITs cannot replicate.
Key facts
Cardone Capital founder Grant Cardone said the firm fills the gap between property value and replacement cost with Bitcoin held on the balance sheet.
Reported by Bitcoin Magazine
Cardone set out a goal of 25,000 apartments and 25,000 BTC.
25,000 BTCReported by Bitcoin Magazine
The interview referenced a $335 million deal in Boca Raton.
335,000,000 USDReported by Bitcoin Magazine
Cardone said he is moving from 3,000 BTC toward 25,000 BTC and calls real estate his 'Trojan horse' for Bitcoin.
3,000 BTCReported by Bitcoin Magazine
The interview chapter list places the discussion of rates at 6.4%.
6.4 %Reported by Bitcoin Magazine
Cardone argued that REITs can never own Bitcoin, which he presents as his competitive moat.
Reported by Bitcoin Magazine
Cardone said other real estate investors cannot copy the strategy.
Reported by Bitcoin Magazine
An interview chapter asks whether Cardone Capital will go public.
Reported by Bitcoin Magazine
What happened
Bitcoin Magazine published an interview with Grant Cardone, founder of Cardone Capital, in which he says the firm buys commercial real estate below replacement cost and puts Bitcoin on the property balance sheet. Only Bitcoin Magazine carries the story, so his account of the strategy rests on a single outlet. Cardone states a goal of 25,000 apartments and 25,000 BTC, and describes real estate as his 'Trojan horse' for Bitcoin. A chapter of the interview covers a $335 million deal in Boca Raton and references Michael Saylor, and another asks whether Cardone Capital will go public. The interview also sets out his view that commercial real estate faces a historic crash while single-family home prices will not correct, and that REITs cannot own Bitcoin. Bitcoin Magazine published the piece with a disclaimer stating the views belong to the participants and are not the outlet's own position.
How the story developed
- First report
First report by Bitcoin Magazine
Grant Cardone: Real Estate “Armageddon” Is Here – Why BITCOIN is the Hedge
- Update
Bitcoin Magazine publishes Cardone interview on Bitcoin-backed real estate
The outlet released the interview with chapter timestamps covering the firm deal structure, its Bitcoin target, a $335 million Boca Raton deal and a question about an IPO.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin Magazine Crypto media | Grant Cardone: Real Estate “Armageddon” Is Here – Why BITCOIN is the Hedge | Original |
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