- Cardone Capital buys 888 BTC for Mizner Boca project
- Firm plans to keep accumulating BTC using free cash flow
- Move shows growing real estate interest in Bitcoin
In a significant crypto development, Cardone Capital has purchased 888 Bitcoin ( BTC ) as part of its 101 Mizner Boca Bitcoin project. The investment signals the company’s increasing confidence in the long-term value of Bitcoin and showcases how traditional real estate is integrating with digital assets.
Cardone Capital, led by real estate mogul Grant Cardone, isn’t just making a one-time crypto buy. According to reports, the company plans to continue accumulating Bitcoin using free cash flow from its operations. This means Bitcoin will now play a central role in its financial strategy—a rare move for a real estate-focused firm.
The 888 BTC acquisition represents more than just a portfolio diversification. It’s part of a larger plan to create a Bitcoin-backed real estate ecosystem. The 101 Mizner Boca project is expected to use Bitcoin as both a financial reserve and possibly even as a transactional layer in the future, potentially attracting crypto-native investors and tenants.
A Bullish Signal for Institutional Bitcoin Adoption
Cardone Capital’s strategic buy sends a clear message to the broader market : Bitcoin is being viewed as a reliable long-term store of value, even in traditionally conservative sectors like real estate.
The firm’s plan to increase its holdings through operational profits rather than external borrowing also suggests a sustainable and committed approach. With rising institutional interest in crypto, this move may inspire other real estate companies to explore digital assets.
For investors and the crypto community, Cardone’s bet on Bitcoin is a bold show of confidence—and one that could set a precedent for more Bitcoin-backed real estate ventures.
