Crypto Currency

Cardone Capital buys Bitcoin dips with 100 BTC acquisition

Key Takeaways Cardone Capital purchased 100 Bitcoin during a market dip, raising its total holdings to 1,100 BTC worth about $127 million. The firm plans to acquire up to 3,000 more Bitcoin by 2025, aligning real estate investing with crypto exposure. Share this article Cardone Capital acquired 100 Bitcoin amid a market pullback, adding to

Key Takeaways

  • Cardone Capital purchased 100 Bitcoin during a market dip, raising its total holdings to 1,100 BTC worth about $127 million.
  • The firm plans to acquire up to 3,000 more Bitcoin by 2025, aligning real estate investing with crypto exposure.

Share this article

Cardone Capital acquired 100 Bitcoin amid a market pullback, adding to its existing holdings of 1,000 BTC worth approximately $115 million, said Grant Cardone, founder and CEO of the real estate company, on Thursday.

Bitcoin fell below $115,000 today, reaching its lowest point in three weeks after US President Donald Trump announced new trade tariffs on multiple countries, per CoinGecko. The crypto asset has declined 6.5% from its July all-time high of $122,800.

The broader crypto market also retreated, with Ether dropping 4% to $3,600, XRP declining 5% to under $3, and Solana falling 6% over the past 24 hours.

The real estate investment firm, which manages over 14,000 residential units and $5 billion in assets, first entered the Bitcoin market in late June.

Cardone said at the time that the company aims to acquire an additional 3,000 Bitcoin for its treasury by the end of 2025, combining what he called “the two best-in-class assets,” real estate and Bitcoin.

Share this article

?xml>
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

CLARITY Act Faces August Deadline as Senate Races Against Time for Final Approval

The CLARITY Act is facing an important deadline, given that the Senate has just a few weeks before it goes on recess from August 7 to approve the crypto market structure legislation. Despite the fact that the CLARITY Act has progressed further than any other piece of cryptocurrency legislation proposed thus far…

The CLARITY Act is facing an important deadline, given that the Senate has just a few weeks before it goes on recess from August 7 to approve the crypto market structure legislation. Despite the fact that the CLARITY Act has progressed further than any other piece of cryptocurrency legislation proposed thus far…
Read More

Continue Reading
Crypto Currency

Nigeria SEC Admits Kucoin and GIGX as ARIP Sandbox Grows to 9 Supervised Crypto Firms

Nigeria’s Securities and Exchange Commission (SEC) has admitted two more cryptocurrency firms—GIGX Technologies and Kucoin Nigeria Limited—into its Accelerated Regulatory Incubation Program (ARIP). Expanding the Sandbox Nigeria’s Securities and Exchange Commission (SEC) has admitted two additional virtual asset service providers (VASPs) into its Accelerated Regulatory Incubation Program (ARIP…

Nigeria’s Securities and Exchange Commission (SEC) has admitted two more cryptocurrency firms—GIGX Technologies and Kucoin Nigeria Limited—into its Accelerated Regulatory Incubation Program (ARIP). Expanding the Sandbox Nigeria’s Securities and Exchange Commission (SEC) has admitted two additional virtual asset service providers (VASPs) into its Accelerated Regulatory Incubation Program (ARIP…
Read More

Continue Reading
Crypto Currency

CoinDCX Referral Code and Coupon 2026: Claim Your Rewards

CoinDCX is currently one of India’s largest cryptocurrency exchanges. The platform mainly serves Indian traders, but it also comes with a few important limits, including restricted crypto withdrawals for many The post CoinDCX Referral Code and Coupon 2026: Claim Your Rewards appeared first on CryptoNinjas…

CoinDCX is currently one of India’s largest cryptocurrency exchanges. The platform mainly serves Indian traders, but it also comes with a few important limits, including restricted crypto withdrawals for many
The post CoinDCX Referral Code and Coupon 2026: Claim Your Rewards appeared first on CryptoNinjas…
Read More

Continue Reading
Crypto Currency

Bitcoin Miner Stress Composite Revisits Rare 2026 Low as Undervalued Signal Returns

The Bitcoin miner sector is back in focus after Bitcoin’s Miner Cycle Stress Composite dropped to a fresh 2026 low, returning to a historically undervalued zone previously linked to major market bottoms. The development has attracted attention in the cryptocurrency space since the indicator has formed a signal repeating the one previously spotted during times

The Bitcoin miner sector is back in focus after Bitcoin’s Miner Cycle Stress Composite dropped to a fresh 2026 low, returning to a historically undervalued zone previously linked to major market bottoms. The development has attracted attention in the cryptocurrency space since the indicator has formed a signal repeating the one previously spotted during times [……
Read More

Continue Reading