Breaking: $5.3T Cardone Capital Buys Another $18 Million In Bitcoin

45 minutes ago Updated 36 minutes ago

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Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.

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Highlights

Cardone Capital has added to its Bitcoin reserve.
Grant Cardone revealed that the firm has purchased 282 BTC.
It also bought $100 million BTC earlier this year.

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Cardone Capital has made another purchase of Bitcoin. The $5.3 trillion asset manager’s founder Grant Cardone has announced that the company bought another 282 BTC.

Cardone Capital Buys More Bitcoin

Cardone made the Bitcoin buying announcement via a post on X. He wrote: “CardoneCapital adding 282 BTC.” This reserve is worth around $18 million at current BTC price. It represents a “buy the dip” as Bitcoin crashed to the $62,000 level amid geopolitical tensions owing to Israel-Lebanon conflict.

The acquisition comes after a recent Bitcoin acquisition when the real estate investment firm acquired 130 BTC valued at roughly $9.7 million during a market downturn.

The deal is the most recent in Cardone Capital’s plan of acquiring Bitcoin exposure and income-producing real estate properties. Earlier, in May, Cardone made the announcement at the Consensus 2026 conference in Miami that the firm had massively ramped up its Bitcoin buying.

During the event, Cardone said, “We just simply added another $100 million of Bitcoin.” The Bitcoin deal was part of a larger transaction in which the company purchased real estate worth about $235 million as well.

The company is moving toward a hybrid structure of the two asset classes that it believes can be packaged under one investment vehicle, Cardone explained. “I have two assets that we just fused together in an LLC,” he said.

The strategy is not the traditional real estate investment trust, which typically cannot hold Bitcoin on their books, Cardone said. “These companies can never, ever hold Bitcoin on their balance sheet,” Cardone said when talking about the benefits of the model.

Grant Cardone Bullish On BTC’s Future

Grant Cardone has also said it is confident of the return potential of bringing the two sectors together. Previously, he claimed that the combination of Bitcoin and real estate could result in a “somewhere between a 22% and a 32% return.”

Cardone said many of those who have joined the fund were unfamiliar with Bitcoin. “Eighty percent of the people that invested in that fund own zero Bitcoin,” he said.

It’s the company’s newest acquisition as it continues to expand its crypto efforts. Cardone Capital bought 1,000 BTC worth over $100 million at that time in 2025. In addition, the firm has previously announced its intention to tokenize a part of its real estate portfolio.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.