Real Estate Giant Cardone Capital Joins Bitcoin Rush With $101M Acquisition

Cardone Capital added 1,000 Bitcoin to its portfolio and plans to buy 3,000 more by the end of 2025.

Institutional Bitcoin purchases reached over 1.5 billion in June, marking the highest monthly total on record.

Public companies now hold more than 800,000 Bitcoin with a combined value exceeding $88 billion.

Cardone Capital has officially joined the list of institutional Bitcoin holders. The real estate investment firm acquired 1,000 BTC this month as part of a broader strategy. The acquisition, valued at approximately $101 million, marks the company’s first move into digital assets

With plans to buy 3,000 more BTC by the end of 2025, Cardone Capital aims to hold over $400 million in Bitcoin. This move also makes it the first real estate-focused firm to adopt a large-scale Bitcoin treasury strategy.

Corporate Bitcoin Purchases Hit Record Highs

The acquisition comes amid a record-breaking month for corporate Bitcoin purchases. In June alone, institutional players bought more than $1.5 billion worth of Bitcoin

This marks the highest monthly total in the history of corporate BTC buying. The surge has been driven by strong investor demand and rising interest in Bitcoin as a strategic asset. More companies now view Bitcoin as a store of value and a hedge against inflation.

MicroStrategy and Metaplanet Lead the Charge

MicroStrategy continues to lead the buying spree. In June, it added 10,100 BTC at a cost of $1.05 billion. Its total holdings now stand at 592,100 BTC, valued at over $60 billion. Other firms are following suit with their own accumulation strategies. Healthcare firm Prenetics purchased 187.42 BTC, while Norway’s K33 raised funds to target 1,000 BTC.

Japanese investment firm Metaplanet has taken an aggressive approach. It recently bought 1,111 BTC for $118.2 million, increasing its total holdings to 11,111 BTC. The company has outlined a goal to hold 210,000 BTC by 2027. It plans to use equity financing and warrants to fund the accumulation. Its stock has surged 408% this year, and its Bitcoin yield for the quarter reached 107.9%.

Blending Real Estate with Bitcoin

Cardone Capital’s move into Bitcoin builds on earlier efforts to blend real estate with digital assets. In May, it launched the 10X Miami River Bitcoin Fund. The project combines a 346-unit apartment complex with $15 million in Bitcoin. A portion of rental income from the development is allocated to BTC, creating a continuous flow of Bitcoin exposure.

The firm also explored blockchain in early 2024. It listed a $42 million property on a blockchain-based platform that supports BTC payments and decentralized escrow. At the same time, other firms like Parataxis and Universal Digital have shifted toward Bitcoin. Currently, 132 public firms now hold BTC, with total holdings exceeding 800,000 BTC worth more than $88 billion.