According to a report by Cointelegraph, real estate investment firm Cardone Capital has announced the launch of an innovative hybrid fund, combining traditional commercial real estate with Bitcoin asset allocation for the first time. The company recently acquired a multi-family residential project with 366 units, valued at approximately $235 million, with about $100 million earmarked for Bitcoin purchases. The fund leverages the stable cash flow, low volatility, and tax advantages of real estate, using rental income to continuously increase its Bitcoin holdings. The company aims to publicly list the entity, creating a listed company with real assets, revenue, and tenants, similar to a digital asset treasury company model. This move is seen as a cross-industry innovation combining real estate and crypto assets, potentially injecting new strategies into traditional real estate investment trusts (REITs).
Cardone Capital launches a real estate + Bitcoin hybrid fund; rental income will be used to continuously increase BTC holdings.
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