Cardone Capital has launched its fourth hybrid investment fund, the 10X Miami River Bitcoin Fund, which integrates real estate assets with Bitcoin investments. The fund targets raising $150 million, requiring a minimum investor contribution of $250,000, and includes a 346-unit multifamily Class A property in Miami alongside $15 million allocated for Bitcoin purchases.
The fund uniquely utilizes consistent real estate income to finance ongoing Bitcoin acquisitions, representing an innovative investment model aimed at combining the stability of tangible assets with the high-growth potential of cryptocurrency. This initiative reflects Cardone Capital’s commitment to diversifying investment strategies and attracting both traditional real estate and crypto investors.
Founder Grant Cardone noted the potential upside from the synergy of cash flow generated by real estate being directed towards Bitcoin accumulation, citing that converting real estate income to Bitcoin over 12 years might have magnified returns substantially—from $160 million to nearly $3 billion. The fund’s design offers investors a novel asset management approach, potentially disrupting traditional real estate investment trusts (REITs) and commercial real estate models.
This hybrid vehicle could influence market dynamics by blending classic and modern investment strategies, potentially prompting regulatory discussions on such dual-asset funds. The strategic model may provide portfolio diversification benefits, balancing cryptocurrency volatility with real estate market stability.
