Cardone Capital Invests $888,000 in Bitcoin for Real Estate Project

Real estate firm Cardone Capital has invested $888,000 worth of Bitcoin (BTC) into their 101 Mizner Boca Bitcoin project. This move signals a shift towards integrating digital assets into traditional real estate investments. The company intends to continue accumulating Bitcoin from its operational profits, positioning it as a key component of their financial strategy and creating a potential Bitcoin-backed ecosystem for the project. Cardone Capital’s strategic purchase could inspire other real estate firms to explore similar ventures and demonstrate growing institutional interest in crypto.