Cardone Capital, a Florida-based real estate investment firm, has invested $72 million in Bitcoin during October and November. This move is part of a hybrid investment strategy that combines real estate with Bitcoin allocations to mitigate long-term dollar inflation risks. The firm plans to allocate 15%-50% of its capital to Bitcoin, potentially using it as collateral for loans or to repay investors. This strategy is similar to that of Michael Saylor, although the sector currently faces challenges such as declining institutional demand and a drop in market net asset value.
Cardone Capital Invests $72M in Bitcoin to Hedge Inflation Risks
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