Grant Cardone, a prominent figure in the real estate world, has announced a revolutionary change in his investment strategy, saying he is “all in” on Bitcoin.
Cardone, which has developed a new hybrid model that combines real estate assets and Bitcoin, announces its goal to accumulate 10,000 Bitcoins $BTC.
Sales guru and real estate investor Grant Cardone shared his views on the world of cryptocurrencies and his aggressive investment plans in a podcast interview. By combining traditional real estate investing with the growth potential offered by digital assets, the move creates a “protective shield” that Wall Street giants cannot duplicate, Cardon argues.
At the heart of Cardone’s strategy is an interesting mathematical principle. When a high-profile investor buys real estate below cost (for example, $700 million on a $1 billion asset), he or she reinvests that “discount” directly into buying Bitcoin. Cardone explains, “Real estate investors typically buy real estate cheap and just sit there. Whereas I take that discount and convert it into Bitcoin. In this way, I simultaneously own both a physical asset that generates cash flow and a digital asset that has parabolic growth potential.”
Cardon also criticized other Bitcoin-focused companies in the market, saying that “treasure companies” that only hold Bitcoin are $BTC It’s a bubble. say so $BTC Mr. Cardone argued that in his model, rental income from real estate compensates for this deficiency. $BTC Just Bitcoin. There has to be cash flow and a business behind it. ”
Cardone noted that 80% of the approximately 1,600 investors who invested in this hybrid model through Cardone Capital had never owned Bitcoin before, indicating that these people were not “crypto enthusiasts” but traditional real estate investors looking for cash flow.
Cardone, who currently has several thousand Bitcoins in his portfolio, said his short-term goal is 10,000 Bitcoins, and that once he reaches that number he will update his goal to 20,000 Bitcoins or 50,000 Bitcoins. he said drop in $BTC The price does not scare him, but rather makes it “easier” to achieve the goal, adding: “This is a long game for seven to 10 years.”
*This is not investment advice.
