Cardone Capital Adds 1,200 BTC Using Rental Income Strategy

Highlights:

• Cardone Capital added about 1,200 BTC, expanding its Multi-Family/BTC model.
• Recurring Bitcoin buys were made using rental cash flow in a dollar-cost averaging plan.
• Grant Cardone is aiming for 10,000 Bitcoins across 10 specialized private funds.

Bitcoin-fueled Cardone Capital added about 1,200 BTC and 2,000 apartments to its hybrid strategy. Grant Cardone, CEO of Cardone Capital, announced the additions on X on August 28. His $5.3 billion firm combines apartments and recurring Bitcoin purchases inside private funds. However, he gave no purchase price, execution dates, fund allocations, or details about the buildings.

The model uses rent to grow digital asset holdings over time. Managers improve cash flow, then allocate some of the income toward scheduled Bitcoin purchases. As a result, the funds can buy Bitcoin without issuing debt or selling new shares. Investors own fund interests, while institutional custodians handle storage and trade execution.

"While Institutions pivot to data centers Cardone Capital double downs on Multi-Family/BTC model, adding ~2000 units and 1200 BTC. pic.twitter.com/MIURtpMIST

— Grant Cardone (@GrantCardone) August 28, 2026

Cardone Capital Links Apartment Income With BTC

Selected apartments generate rent for purchases through a dollar-cost averaging plan. This method spreads transactions across prices instead of placing the entire allocation once. Moreover, the firm continues buying during market declines whenever property cash flow permits. Cardone said the firm would “buy more bitcoin as it falls.”

The approach differs from public Bitcoin treasury companies that often finance acquisitions through equity or debt. In contrast, apartment income provides the funds with a recurring source of purchase capital. Private vehicles can also retain earnings for reinvestment. Meanwhile, REITs generally distribute at least 90% of taxable income to preserve their tax status.

The strategy gained clearer form with the 10X Miami River Bitcoin Fund in June last year. That vehicle paired a 346-unit Miami complex with an initial $15 million Bitcoin allocation. Moreover, it reserved part of future rental proceeds for further purchases. The firm then outlined plans to acquire 3,000 Bitcoin through the broader program.

Latest Purchase Lifts the Hybrid Portfolio

Before the latest disclosure, the company had completed several purchases tied to its property income model. Earlier statements showed about 1,000 Bitcoin in January after another $10 million acquisition. That purchase plan was backed by rental income from a 366-unit Boca Raton complex. Later, the firm purchased a total of 282 Bitcoin for approximately $18 million near a $63,000 market price.

This June transaction came after the company bought 130 Bitcoin valued at about $9.7 million. Furthermore, Cardone spoke about a $100 million Bitcoin investment at the Consensus 2026 conference in Miami. About $235 million in real estate was part of the related transaction, he said. The company maintained both asset categories in a single limited liability company outside of a standard REIT.

The latest announcement does not reveal the firm’s overall Bitcoin treasury across every vehicle. However, Cardone targets 10,000 Bitcoin across 10 specialized funds. He previously set an interim target of 3,000 Bitcoin by the end of 2026. Under the guidelines of selected vehicles, about 15% to 50% of assets can be invested in digital currencies.

Private Funds Carry Different Access and Risks

Private vehicles also operate differently from spot Bitcoin ETFs and publicly traded treasury companies. ETFs trade during market hours and usually allow brokerage account holders to enter or leave quickly. Conversely, private funds may impose long holding periods and restrict withdrawals before sales or refinancing. Investors therefore hold a fund interest rather than direct ownership of its Bitcoin.

The company markets these vehicles mainly to accredited investors. Current SEC criteria include net worth above $1 million, excluding a primary residence. Alternatively, individuals may qualify through annual income exceeding $200,000 during each of the previous two years. The joint threshold reaches $300,000 for qualifying applicants with a spouse or partner.

The hybrid model combines two distinct risk sources inside each private vehicle. Bitcoin swings can quickly alter values, while apartment performance depends on rents, occupancy, financing, and costs. Therefore, weaker property cash flow could reduce money available for scheduled cryptocurrency purchases. Long lockups may also limit investor access during downturns in either market.