Grant Cardone says bitcoin-real estate strategy could outperform REITs, adds more BTC to treasury
The real-estate mogul said the hybrid model brings new users into crypto and challenges traditional real estate structures.
AI Summary
Grant Cardone, a real estate mogul, has added $100 million in bitcoin to a $235 million real estate deal, creating a hybrid investment structure that combines income-producing property with cryptocurrency within a single LLC. Cardone believes this approach will outperform traditional real estate investment trusts (REITs) by pairing stable real estate cash flows with bitcoin appreciation, and he projects returns between 22-32%, arguing that REITs are structurally limited because they cannot hold bitcoin on their balance sheets. The strategy aims to introduce cryptocurrency newcomers to bitcoin while competing directly with conventional real estate investment vehicles.