Cardone Capital Buys 282 Bitcoin, Pushing Holdings Above 2,700 BTC
Cardone Capital, the investment firm founded by Grant Cardone, acquired 282 bitcoin during a recent market dip, bringing its total holdings to more than 2,700 bitcoin. The $16.5 million purchase was announced Monday as part of Cardone's strategy to accumulate the digital asset while prices pull back.
The acquisition extends the firm's long-standing crypto treasury strategy, aligning it with other public companies that have added bitcoin to their balance sheets. The latest buy follows Grant Cardone's public comments encouraging investors to accumulate bitcoin during price declines.
From the sources (3 posts)
@bitcoinmagazineNEW: $5.3 billion Cardone Capital bought 282 BTC, worth $16.5 million this dip! They now hold over 2,700 BTC 🚀
@coinmarketcapLATEST: 💰 Grant Cardone says Cardone Capital is buying the Bitcoin dip and now holds over 2,700 BTC.
@bitcoinnewscomNEW: Cardone Capital acquires 282 Bitcoin, bringing holdings past 2,700 BTC.