Grant Cardone said the $5.3 billion real estate firm is applying dollar-cost averaging, with about $200 million in Bitcoin held as of May and projected annual returns of 22% to 32%.
Cardone Capital plans to deploy rental income from its real estate business into more Bitcoin purchases during the recent price decline, Grant Cardone said, using a dollar-cost averaging strategy (buying at set intervals to smooth price swings). The hybrid approach ties property cash flow to ongoing crypto accumulation. The firm manages about $5.3 billion in assets and held about $200 million in Bitcoin as of May. Cardone projected 22% to 32% annual returns for the model, though no performance record was cited to back that forecast.