Real estate mogul Grant Cardone has recently articulated his belief that Bitcoin represents a transformative innovation of this generation, akin to historic advancements such as the printing press, automobiles, the telephone, and the internet. In a post on X, Cardone expressed that these innovations have not only reshaped societies but often took decades to achieve widespread acceptance. He anticipates a similar trajectory for Bitcoin, emphasizing that “change takes a moment – time validates great innovations.”
Cardone’s perspective comes at a tumultuous time for Bitcoin, as the digital currency grapples with challenges to its status as “digital gold.” After soaring to an unprecedented price of $126,000 earlier this year, Bitcoin has since retreated to approximately $88,000, reflecting an 11% decline in 2025 amid market anxieties stemming from tariff developments and uncertainties surrounding tech stocks.
Over the past year, Cardone has embraced a pro-Bitcoin stance, promoting the digital asset as a viable store of value. He has initiated a series of funds that blend Bitcoin investments with real estate, aiming to provide real estate investors with the opportunity to leverage Bitcoin’s volatility and liquidity. Cardone has outlined plans to launch a total of 10 funds that would merge 10,000 BTC with 15,000 apartment units.
While Cardone’s investment firm, Cardone Capital, has not commented on these developments, it has launched three of the anticipated Bitcoin and real estate funds thus far. These include the 10X Space Coast Bitcoin Fund, the 10X Miami River Fund, and the 10X Boca Raton Bitcoin Fund. The 10X Space Coast Bitcoin Fund, launched in December 2024, synergizes 300 apartment units in Melbourne, Florida, with $15 million in Bitcoin. Meanwhile, the 10X Miami River Fund, introduced in May, integrates 346 apartments along the Miami River with a substantial investment of $300 million in Bitcoin.
The upcoming 10X Boca Raton Bitcoin Fund aims to combine $100 million with 366 apartment units, adding to Cardone’s growing portfolio of funds. Interestingly, both the 10X Space Coast and 10X Miami River Funds have already seen oversubscription, underlining investor enthusiasm in this unique marriage of real estate and cryptocurrency.
Despite recent price fluctuations, Cardone remains committed to increasing his Bitcoin holdings, perceiving the current market as an opportunity to acquire the asset at lower prices with limited orders. As the dialogue around Bitcoin continues to evolve, Cardone’s ambitious investment strategy represents a bold bet on the digital asset’s future.
