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Home/News/Cardone Capital Buys Another $18M in Bitcoin as Price Dips to $62,000
CoinGape·14h ago·positive

Cardone Capital Buys Another $18M in Bitcoin as Price Dips to $62,000

Real estate investment firm Cardone Capital bought 282 BTC ($18M) during the market dip, adding to its growing Bitcoin treasury. Founder Grant Cardone says the firm blends real estate and Bitcoin in a single investment vehicle.

  • Cardone Capital acquired 282 Bitcoin worth roughly $18 million during the dip to $62,000
  • The purchase follows a 130 BTC buy at $9.7 million and a prior $100 million Bitcoin acquisition in May 2025
  • Founder Grant Cardone says the firm combines real estate and Bitcoin in a single LLC structure
  • Cardone claims the hybrid model can deliver 22% to 32% returns
  • 80% of investors in the fund owned zero Bitcoin before joining, per Cardone
marketImpact 5/10
Why our editor rated this positive

Institutional buying during a dip signals continued confidence in Bitcoin as an asset class, which is positive for the market.

Read the full story at CoinGape

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

Last updated 20 Jun 2026

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