Billionaire investor and real estate mogul Grant Cardone has made a bold prediction for Bitcoin, stating the cryptocurrency should be priced at $280,000. This comment, made via social media platform X, adds significant fuel to the ongoing debate about Bitcoin's long-term valuation and reflects strong institutional confidence despite market volatility.
Cardone's assertion is not merely a casual market take. His company, CardoneCapital, which manages approximately $5 billion in assets, is a direct Bitcoin holder with roughly $70 million worth of BTC on its balance sheet. The firm operates an innovative hybrid model, described as a "Bitcoin real-estate fund," which uses income from luxury multifamily property rentals to systematically accumulate Bitcoin. This model was implemented in November 2025.
"There is simply no shortage of the things we can mine for, except bitcoin," Cardone stated, emphasizing Bitcoin's unique scarcity. His company plans to add another $10 million in BTC to this model and has an ambitious goal of holding 10,000 Bitcoin by the end of the year. This strategy places CardoneCapital alongside other corporate treasury adopters like MicroStrategy.
The timing of this prediction is notable, as Bitcoin trades around the $71,000 mark. Cardone's $280,000 target suggests a belief that the asset remains deeply undervalued, driven by its limited supply, rising institutional demand, and broader adoption as a store of value and hedge. While such forecasts are never guaranteed in a volatile market, statements from high-profile investors like Cardone are influential in shaping long-term market sentiment and narrative.
