Grant Cardone, founder of Cardone Capital, announced a $235 million real estate deal paired with a $100 million Bitcoin allocation during a fireside chat at Consensus Miami 2026.

Cardone says the Bitcoin-backed model could generate returns between 22% and 32%, outperforming traditional REITs, which typically deliver 8% to 11% annually. He argues REITs cannot hold Bitcoin directly on their balance sheets, limiting their upside.

This latest purchase adds to Cardone Capital's 2025 acquisition of 1,000 BTC, bringing total Bitcoin exposure to roughly $200 million. Cardone aims to hold 10,000 BTC by end of 2026.

Notably, 80% of investors in the fund had no prior Bitcoin exposure, suggesting the structure is drawing new participants into crypto markets. Cardone Capital has IPO plans for 2026.