Cardone Capital, a heavyweight in the real estate investment landscape, has taken a bold step forward by launching the 10X Miami River Bitcoin Fund. This innovative dual-asset fund merges two distinct worlds: a sprawling 346-unit multifamily commercial property nestled along the Miami River and a substantial $15 million stake in Bitcoin (BTC). The launch, which took place in Miami, Florida, marks Cardone Capital’s fourth foray into blending Bitcoin with commercial real estate, a move that could shake up conventional investment practices.
A Novel Approach to Real Estate and Crypto
Cardone Capital’s CEO, Grant Cardone, shared the genesis of this groundbreaking fund with Cointelegraph, revealing that the idea was sparked by a suggestion from his brother. “My brother said to me, you should look at what would have happened if you had converted all your cash flow from real estate to Bitcoin over the last 12 years,” Cardone recounted. The potential gains were staggering—a hypothetical $160 million could have ballooned to $3 billion. Inspired by this insight, Cardone crafted a fund strategy that leverages real estate earnings to acquire more Bitcoin, aiming to maximize potential returns in both asset classes.
The fund’s structure is poised to redefine investment paradigms by combining income-generating real estate with Bitcoin, a volatile yet promising store of value. This dual approach could potentially disrupt the market for traditional real estate investment trusts (REITs) and other established commercial real estate vehicles. By converting a portion of monthly cash flows into BTC, Cardone Capital is positioning itself at the forefront of a hybrid investment model that appeals to both seasoned real estate investors and crypto enthusiasts. This follows a pattern of institutional adoption, which we detailed in our analysis of corporate treasury investments.
Bridging the Gap Between Real Estate and Bitcoin
One of the standout features of the 10X Miami River Bitcoin Fund is its commitment to demystifying Bitcoin for investors and tenants alike. Cardone Capital aims to onboard individuals into the world of cryptocurrency without requiring them to navigate its technical complexities. “We are onboarding people into a real estate vehicle that they understand and buying Bitcoin for them,” Cardone explained. This approach is designed to attract investors who have been hesitant to dive into the crypto space due to its perceived technical barriers.
In a bid to further encourage Bitcoin adoption, Cardone is exploring the possibility of a rewards program for long-term tenants who exhibit exemplary renter behavior. These incentives, paid in Satoshis, could serve as a novel method of integrating Bitcoin into everyday transactions, fostering familiarity and acceptance among users. As explored in our recent coverage of Bitcoin ETFs and government adoption, such initiatives could drive broader acceptance and integration of Bitcoin in various sectors.
Looking Ahead: Ambitions and Challenges
Cardone Capital’s long-term vision is ambitious: to amass $1 billion in real estate assets and $200 million in Bitcoin, which will be held as treasury assets across its hybrid funds. This strategy, if successful, could set a precedent for future investment vehicles that blend traditional and digital assets. However, the path forward is not without its hurdles. The volatility of Bitcoin remains a significant risk factor, and the challenge of convincing traditional investors to embrace this unconventional model persists.
Moreover, Cardone is in discussions with other financial institutions to develop a hybrid Bitcoin mortgage product. This offering would allow clients to borrow against their combined Bitcoin holdings and equity in real estate investments. If realized, such a product could further blur the lines between real estate and cryptocurrency, offering new avenues for leveraging digital assets in the financial sector.
As Cardone Capital embarks on this pioneering journey, it raises intriguing questions about the future of investment strategies. Will traditional investors be swayed by the allure of Bitcoin’s potential gains, or will they remain cautious of its inherent risks? And as the boundaries between real estate and digital assets continue to blur, how will regulatory frameworks adapt to these evolving investment models? The answers to these questions could shape the trajectory of both the real estate and cryptocurrency markets in the years to come.
Source
This article is based on: Cardone Capital launches 10X Miami River Bitcoin Fund
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
