Real estate mogul Grant Cardone has announced a new $22 million Bitcoin acquisition, adding to the $52 million his firm Cardone Capital purchased in October. The move further expands the company’s Boca Bitcoin Hybrid Fund, which Cardone calls the largest real estate-Bitcoin hybrid investment vehicle ever created.
According to Cardone, the Boca Bitcoin Hybrid Fund represents a $235 million purchase of 336 residential units located in Boca Raton, Florida, one of the most affluent areas in the state. The development is being positioned as a hybrid real estate and digital asset fund, blending traditional income-generating property investments with strategic Bitcoin holdings.
The fund offers investors an 8% preferred return and requires a minimum $1 million investment, reflecting its focus on high-net-worth participants. Cardone noted that the property’s conversion potential is substantial, with 336 units projected to sell for around $1.5 million each, underscoring the project’s high-end positioning.
The initiative comes amid a growing wave of tokenization and Bitcoin treasury strategies within real estate finance. Cardone’s fund aims to leverage both real-world property appreciation and Bitcoin’s long-term performance, combining the relative stability of real estate with the upside potential of digital assets, a model that could redefine hybrid investment portfolios.
