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Cardone Capital Launches Bitcoin-Backed Real Estate Fund in Miami

  • Cardone Capital has launched the “10X Miami River Bitcoin Fund” combining 346 residential units in Miami, Florida with $15 million in Bitcoin holdings.
  • The firm, founded by real estate mogul Grant Cardone, aims to capitalize on the long-term potential of Bitcoin while benefiting from the stable income and appreciation of real estate.
  • The fund's concept was inspired by a conversation with a friend who suggested looking at historical returns if cash flow from rental properties had been invested in Bitcoin over the past decade.
  • The performance projection shows the traditional real estate portion delivering stable returns, while the BTC portion is forecasted to soar to over $355 million by 2030, aiming to increase Bitcoin adoption within the real estate ecosystem.

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