Cardone Capital Acquires 888 Bitcoin Valued at $84 Million

Cardone Capital Acquires 888 Bitcoin Valued at $84 Million

Grant Cardone confirms completion of Bitcoin purchases for a major Boca Raton real estate-BTC integration, with plans for further acquisitions using project cash flow.

BTC

Summary

Grant Cardone announced on November 17 that Cardone Capital completed the acquisition of 888 BTC for the '101 Mizner Boca Bitcoin Project,' marking the completion of purchases for what is described as the largest real estate-Bitcoin integration project. Cardone stated that the firm intends to continue acquiring Bitcoin using free cash flow from the project.

Terms & Concepts
  • Bitcoin: A decentralized digital currency operating without a central bank, secured through blockchain technology.
  • Cryptocurrency holdings: The amount of digital currency owned by an individual or institution, often used for investment or asset diversification.
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