TLDR
- Grant Cardone added $100M in Bitcoin to a $235M real estate deal
- The hybrid LLC structure combines income-producing property with Bitcoin
- Cardone Capital’s total Bitcoin exposure now sits at roughly $200M
- Traditional REITs cannot hold Bitcoin, giving his model a structural edge
- 80% of investors in the fund had never owned Bitcoin before
Grant Cardone, the real estate investor and founder of Cardone Capital, has added another $100 million in Bitcoin to a $235 million property deal. He made the announcement at Consensus Miami 2026.
🚨 BITCOIN: GRANT CARDONE'S CARDONE CAPITAL OPENS BITCOIN INVESTMENT ACCESS AS IT PUSHES TOWARD 10,000 BTC TARGET
Cardone Capital, the $5 billion real estate firm led by @GrantCardone, is expanding investor access to its Bitcoin holdings as part of its hybrid real estate-BTC… pic.twitter.com/ab33u6DHwk
— BSCN (@BSCNews) April 6, 2026
The move builds on a 2025 purchase where Cardone Capital bought 1,000 Bitcoin, valued at just over $100 million at the time. The firm’s total Bitcoin exposure now stands at around $200 million.
Cardone structured the investment by placing both a real estate asset and Bitcoin inside a single LLC. He described it as fusing two asset classes into one investment vehicle.
He believes the model can deliver returns between 22% and 32%. “We believe by combining real estate and bitcoin, I’ll end up with somewhere between a 22 and a 32% return,” Cardone said at the event.
Why Cardone Says REITs Can’t Compete
Cardone pointed out a structural limitation of traditional real estate investment trusts. “These companies can never, ever hold bitcoin on their balance sheet,” he said.
He argues this gives his LLC-based model a clear advantage. By pairing stable rental income with Bitcoin’s price potential, he says the combined structure outperforms conventional real estate vehicles.
If Bitcoin drops to zero, Cardone said the real estate still holds its value. “If bitcoin goes to zero, I’m not getting rid of the real estate,” he said.
The strategy is not about putting property on a blockchain. “I’m not putting real estate on the blockchain,” Cardone said. “All I’m doing is buying a bunch of bitcoin and stuffing it into the discount gap.”
Bringing New Investors Into Bitcoin
Cardone said most investors in the fund are new to crypto. He noted that 80% of people who invested had never owned Bitcoin before.
He sees this as a way to bring retail investors into the asset class through a familiar vehicle — real estate. The structure uses real estate income as a stable base while offering Bitcoin upside.
In February 2026, Cardone posted on X that Cardone Capital had plans to tokenize its holdings. He said the goal was to give investors collateral and liquidity in secondary markets.
At the time, he also said the firm aimed to become a market leader in asset tokenization at scale.
At Consensus, Cardone did not walk back those plans, but focused his remarks on the hybrid LLC model and its competitive edge over existing real estate structures.
He said he intends the model to compete directly with traditional real estate investment vehicles. “I’m going to rip [their] face off,” he said, referring to competing funds without Bitcoin exposure.
Cardone Capital’s current Bitcoin holdings of roughly $200 million represent one of the larger crypto treasury positions held by a private real estate firm.
