Cardone Capital has acquired 1,000 Bitcoin, valued at approximately $101 million, marking a strategic pivot from luxury real estate to digital assets. The firm plans to expand its Bitcoin holdings to 3,000 BTC by the end of the year, positioning itself as a major institutional Bitcoin holder within the U.S. real estate sector. This move follows the launch of the 10X Miami River Bitcoin Fund, which combines real estate investments with Bitcoin holdings. CEO Grant Cardone sees this acquisition as a blend of premier assets, aligning with a growing trend of institutional interest in Bitcoin. Cardone Capital's strategy places it ahead of crypto-native firms like Core Scientific and Cipher Mining in terms of Bitcoin holdings, highlighting the increasing integration of digital assets into traditional investment portfolios.