Key facts
- Grant Cardone plans to continue buying bitcoin.
- Purchases will be funded by cash flow from real estate assets.
- A dollar-cost averaging strategy will be employed.
- This strategy aims to avoid capital market pressures.
- The strategy also aims to avoid institutional influence seen in corporate treasury strategies.
Grant Cardone, a prominent figure in real estate, has announced his intention to persist in acquiring bitcoin. His strategy involves utilizing the cash flow generated from his extensive real estate portfolio to fund these bitcoin purchases. Cardone plans to implement a dollar-cost averaging approach, which involves investing a fixed amount of money at regular intervals, regardless of the bitcoin price. This method is intended to mitigate the impact of market volatility and reduce the psychological pressure associated with timing investment entry points. Cardone specifically aims to circumvent the pressures of capital markets and the influence of institutional investors. He contrasts this approach with corporate treasury strategies, which he suggests are more susceptible to external market forces and institutional decision-making. By relying on consistent cash flow from his real estate ventures, Cardone seeks to maintain a more independent and disciplined acquisition strategy for his bitcoin investments.