Cardone Capital Boosts Bitcoin Holdings Amid Global Race

Real estate giant Cardone Capital has added 130 BTC as part of a refinancing deal, signaling its push toward a 4,000-coin target while corporations and governments worldwide deepen their Bitcoin reserves.

Cardone Capital, the real estate private equity firm led by Grant Cardone, has reinforced its commitment to Bitcoin with the purchase of 130 BTC through a Miami property refinancing deal. The move highlights the firm’s strategy of embedding cryptocurrency into real estate finance, even as global corporate and government Bitcoin holdings surge.

Cardone Capital Ties Real Estate to Bitcoin

The new purchase stems from a refinancing of Cardone Capital’s Miami River property. Instead of purchasing costly interest rate caps, the company raised equity to pay down debt, securing Fannie Mae financing at 4.89%. The structure allowed the firm to direct capital into Bitcoin while maintaining real estate growth.

This transaction marks the fourth Bitcoin acquisition for Cardone Capital. Chief Executive Grant Cardone confirmed that eight more deals using a similar model are in progress, signaling an aggressive strategy to integrate digital assets into traditional property investment.

The firm is aiming for a bold target: 4,000 BTC in its corporate treasury by the end of 2025. Achieving this would place Cardone Capital among the largest nonmining corporate holders of the cryptocurrency.

“We are the first-ever real estate/Bitcoin company integrated with a full BTC strategy,” Cardone declared in June, when announcing the firm’s 1,000 BTC purchase worth over $101 million at the time.

Building a Bitcoin-Real Estate Hybrid

Founded in 2017, Cardone Capital manages more than 14,000 multifamily units across the United States with approximately $5.1 billion in assets under management. By pooling funds from both accredited and non-accredited investors, the firm has become a major player in large-scale residential property acquisitions.

The company’s pivot into Bitcoin is not limited to direct purchases. In May, it launched the 10X Miami River Bitcoin Fund, a dual-asset investment vehicle that combines a 346-unit residential property with $15 million in Bitcoin reserves. The hybrid structure is designed to pair income-generating real estate with Bitcoin’s potential long-term appreciation, offering investors exposure to both hard and digital assets.

Cardone has positioned this approach as a hedge against inflation and a modern alternative to treasury management. By holding Bitcoin alongside real estate, the firm seeks to diversify away from traditional cash reserves while still grounding its strategy in tangible assets.

A Global Surge in Bitcoin Treasuries

Cardone Capital’s push into Bitcoin reflects a much larger trend: corporations and governments worldwide are racing to expand their digital reserves. According to BitcoinTreasuries, 297 entities now collectively hold 3.67 million BTC, representing about 17.5% of the total circulating supply.

Japan’s Metaplanet Accelerates Accumulation

Japan-based Metaplanet has rapidly become a leader in Asia’s corporate Bitcoin adoption. A filing on August 18 confirmed the purchase of 775 BTC for ¥114.3 billion ($775 million), bringing its total reserves to 18,888 BTC worth roughly $2.18 billion. The company’s average purchase price was around $120,000 per coin, slightly above Bitcoin’s trading level of $115,600 at disclosure time.

Metaplanet has openly modeled its treasury strategy after MicroStrategy, which pioneered large-scale Bitcoin accumulation in the U.S. The aggressive move has positioned Metaplanet as Japan’s largest corporate Bitcoin holder and a rising force globally.

Other Japanese firms are beginning to follow suit. Lib Work, a 3D housing manufacturer listed on the TSE Growth exchange, announced plans to acquire ¥500 million ($3.3 million) worth of Bitcoin between September and December 2025. The company framed the move as both an inflation hedge and a means to support overseas expansion.

MicroStrategy Extends Its Lead

Meanwhile, MicroStrategy remains the global leader in corporate Bitcoin reserves. The Virginia-based company recently disclosed the purchase of 430 BTC for $51.4 million between August 11 and 17, at an average cost of $119,666 per coin. Its total holdings now stand at 629,376 BTC worth nearly $72 billion, representing by far the largest stash among public companies.

Michael Saylor, the company’s co-founder and executive chairman, has frequently praised Cardone’s strategy of bridging real estate and Bitcoin, congratulating him earlier this year for bringing digital assets into traditional investment markets.

Governments Enter the Race

Beyond corporate treasuries, governments are also beginning to formalize their Bitcoin strategies. U.S. Treasury Secretary Scott Bessent revealed that Washington plans to establish a “Strategic Bitcoin Reserve” composed of confiscated assets, estimating current holdings at $15–20 billion. This shift aligns with President Trump’s pledge to make the U.S. the “Bitcoin superpower of the world.”

At the state level, Texas has already created a publicly funded Bitcoin reserve, becoming the first in the country to institutionalize digital asset holdings as part of its financial framework.

Market Context: Bitcoin Cools After Peak

Despite record accumulation by companies and governments, Bitcoin prices have pulled back from recent highs. The cryptocurrency was trading near $114,000 at the time of writing, down from last week’s peak of $124,500. On-chain data suggests that short-term holders have been selling at a loss, a behavior historically associated with market corrections that either deepen downturns or pave the way for renewed rallies.

Bitcoin and Real Estate: A New Financial Frontier

Cardone Capital’s strategy of marrying Bitcoin with real estate investment represents a novel approach in the ongoing evolution of digital asset adoption. By targeting 4,000 BTC alongside $5.1 billion in property holdings, the firm is effectively testing whether Bitcoin can function not only as a treasury reserve but also as a complementary store of value to income-generating assets.

As more corporations and governments adopt similar strategies, Bitcoin’s role as a strategic reserve asset continues to expand beyond the tech sector and into the broader economy. Whether the market sustains current price levels or undergoes further correction, the integration of Bitcoin into both private and public balance sheets appears to be accelerating — setting the stage for a new era of financial diversification.