Cardone Capital launches 10X Miami River Bitcoin Fund

Quick Summary:

In an interview with Cointelegraph, Cardone Capital founder and CEO Grant Cardone said the Miami River Bitcoin Fund, which is the firm's fourth blended investment vehicle mixing BTC and commercial multifamily real estate, will convert a portion of its monthly cash flows to BTC.

Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin (BTC).

Related: US real estate asset manager launches $100M tokenized fund with institutional backingOnboarding users to Bitcoin by abstracting away the technical barrier to entryThe CEO added that he wants to onboard investors and tenants alike to Bitcoin and expose them to the digital asset, without them necessarily having to acquire the technical knowledge to understand how Bitcoin works.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets: United States

Topics: Real Miami Cointelegraph Told Investment Cardone Estate Fund Bitcoin Capital Cash

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-25 @ 21:30:42 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28962350

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Official Website: cointelegraph.com

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