Cardone Capital Launched 10X Miami River Bitcoin Fund, Blending Real Estate with Digital Assets
Cardone Capital, a leading real estate investment firm managing over $5 billion in assets, has introduced the 10X Miami River Bitcoin Fund, a groundbreaking investment vehicle that merges traditional real estate with digital currency. This dual-asset fund consists of a 346-unit multifamily commercial property located along Florida’s Miami River and includes $15 million in Bitcoin (BTC).
This marks Cardone Capital’s fourth hybrid fund combining commercial real estate with Bitcoin. The fund’s core strategy is to allocate a portion of its monthly cash flow from rental income into purchasing Bitcoin. The concept originated from a suggestion made by CEO Grant Cardone’s brother, who noted that if real estate cash flows had been invested into Bitcoin over the past 12 years, the returns could have transformed $160 million into roughly $3 billion.
“I’m going to create a fund where we buy real estate, add Bitcoin, and then use the real estate’s cash flow to buy more Bitcoin,” said Grant Cardone, founder and CEO of Cardone Capital.
The long-term vision behind this approach is to build a portfolio comprising $1 billion in real estate assets and $200 million in Bitcoin, with BTC held as a treasury reserve. This model offers a unique value proposition by combining the stable income of real estate with the long-term growth potential of Bitcoin as a store of value.
A Potential Disruptor to Traditional Real Estate Investment
The 10X Miami River Bitcoin Fund could challenge conventional investment vehicles like REITs (Real Estate Investment Trusts) by offering a blended asset strategy. It provides exposure to Bitcoin without requiring investors to have deep technical expertise in the cryptocurrency space, thereby simplifying access to the asset class for traditional investors.
In a move to increase adoption, Cardone Capital is also exploring Bitcoin rewards programs for tenants. Long-term renters who demonstrate good behavior may receive incentives in Satoshis (the smallest unit of Bitcoin). This tenant rewards initiative aims to integrate Bitcoin into everyday use and encourage broader participation in the digital economy.
Expansion Into Bitcoin-Backed Mortgages
Cardone Capital is further innovating by working with financial partners to develop a hybrid Bitcoin mortgage product. This service would enable clients to borrow against the combined value of their real estate equity and Bitcoin holdings—an ambitious step toward fully merging crypto assets with traditional finance.
A Bold Step Forward for Diversified Investors
The launch of the 10X Miami River Bitcoin Fund signals a paradigm shift in real estate investment, bridging hard assets with digital currency. By leveraging the stability of multifamily real estate and the appreciation potential of Bitcoin, Cardone Capital is offering a compelling option for investors seeking diversification in a rapidly evolving financial landscape.
In summary, this innovative fund not only aims to optimize financial performance but also plays a role in mainstreaming Bitcoin adoption among investors and tenants alike. It reflects a broader trend of integrating blockchain technology into traditional asset management and paves the way for a new class of forward-thinking investment strategies.
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