Cardone Capital Adds 282 BTC on June 19, Holdings Top 2,700 as Bitcoin Falls Near $59K

BTC-1.52%

According to Bitcoin.com News, Cardone Capital added 282 BTC on June 19 with bitcoin trading near $63,000, bringing total holdings above 2,700 BTC. The purchase, worth roughly $18 million, reflects the firm's strategy of deploying rental cash flow from its real estate portfolio during market weakness.

Cardone is targeting 3,000 BTC by year-end 2026 and 10,000 BTC long term through the real estate-funded model. As of May, the firm held approximately $200 million in bitcoin alongside residential units and office properties.

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