Cardone Capital launches a fund that combines real estate investment with Bitcoin purchases

ChainCatcher news, according to Globenewswire, real estate investment company Cardone Capital, which manages $4.9 billion in assets, announced the launch of the 10X Space Coast Bitcoin Fund, which combines institutional-grade real estate with Bitcoin purchases. The fund has a size of $87.5 million.

Grant Cardone, founder and CEO of Cardone Capital, stated: "After more than 11 years of research on Bitcoin, we have developed a method that combines the stability of cash flow real estate with the growth potential of Bitcoin. We will continue to target a 12%-15% internal rate of return as the basis for real estate investments, while potentially enhancing overall returns through this hybrid strategy."