- Cardone Capital added 130 Bitcoin through a Miami River refinance.
- Grant Cardone signalled eight similar transactions are being prepared.
Cardone Capital has acquired 130 Bitcoin in connection with a refinance of its Miami River property, extending the firm’s practice of pairing digital assets with multifamily real estate transactions.
Refinance structure replaced rate caps with equity and Bitcoin allocation
The latest step came as the firm chose to raise equity to pay down debt rather than purchase interest rate caps on the asset.
JUST IN: 🇺🇸 $5 billion Cardone Capital acquired another 130 Bitcoin💥 pic.twitter.com/Nsy7ua9Hcw
— Bitcoin Magazine (@BitcoinMagazine) August 19, 2025
Chief executive Grant Cardone said the financing package included agency debt and that the decision allowed the company to add Bitcoin to the capital stack while securing the property’s borrowing costs. The company cited a 4.89 percent Fannie Mae rate on the underlying debt.
The transaction marks the fourth time the real estate manager has linked a property deal with a Bitcoin purchase. Market commentary around the announcement placed the size of the incremental buy at roughly 130 coins and indicated an approximate consideration in the mid teen millions of dollars at prevailing prices.
Cardone signals pipeline of eight similar deals and maintains multi-billion portfolio
Cardone said the firm is preparing eight further transactions that employ the same framework of combining traditional real estate finance with direct Bitcoin accumulation.
The company has presented the approach as a means of aligning long duration income producing assets with a capped supply digital asset on its balance sheet. Earlier materials and posts from the firm indicated a goal of scaling its Bitcoin holdings alongside new acquisitions.
The latest move follows a series of announcements this summer that highlighted larger planned allocations of Bitcoin across selected acquisitions.
In one offering document the firm described adding 1,000 Bitcoin to a Boca Raton multifamily purchase, positioning the digital asset as part of the deal’s capital strategy and investor communications.
Cardone Capital reports managing a portfolio of approximately five billion dollars across real estate assets. The manager has indicated that its distribution network and property pipeline can support repeated use of the combined structure when market conditions and underwriting allow.
While the firm is active in outreach to retail investors, it emphasises that each asset’s financing mix remains contingent on debt market pricing, property level performance and regulatory considerations for digital asset custody and accounting.
For investors and lenders the practical effect of the Miami transaction is that Bitcoin now sits alongside equity and debt within the overall capital plan.
Execution risk remains tied to cash flow and refinancing outcomes typical of multifamily assets, while Bitcoin exposure introduces additional volatility management needs for treasury operations. The firm has not disclosed trade execution details or custody arrangements for the coins acquired in the refinance.
At the time of writing, Bitcoin is trading at $113 482.00, reflecting a precise decline of $1 419.00, or –1.235 % over the last 24 hours, according to real-time crypto market data.
