Cardone Capital targets 25,000 apartments and 25,000 BTC
- —Cardone Capital owns 16,000 apartments and 500,000 sq ft of offices, with a $600M deal underway
- —The company holds 3,000 BTC and targets 25,000 apartments alongside 25,000 BTC
- —Its first combined deal aims to raise $40M against property and buy 800 BTC
- —Five-year all-in financing costs have risen to about 6.4%, pressuring asset prices
Why it matters: The structure shows how private firms can use cash flow from real assets to accumulate bitcoin outside public markets.
Source: TokenPost