Cardone Capital, a heavyweight in the real estate investment world managing assets worth over $5 billion, has unveiled its latest venture—the 10X Miami River Bitcoin Fund. This pioneering investment vehicle marries two seemingly different asset classes: a 346-unit multifamily property along Miami’s scenic riverfront and a substantial Bitcoin (BTC) holding valued at $15 million. The fusion of bricks-and-mortar real estate with cutting-edge digital currency represents a fresh approach to maximizing returns and diversifying portfolios.
In a candid conversation with Cointelegraph, Grant Cardone, the firm’s founder and CEO, shared the inspiration behind this novel fund. The idea came from an intriguing conversation with his brother, who posed a thought-provoking question: “What if all the cash flow generated from your real estate holdings over the past 12 years had been converted into Bitcoin?” The answer was staggering — a hypothetical $160 million could have ballooned to nearly $3 billion today.
“That moment was a game-changer,” Cardone said. “It inspired me to create a fund that purchases solid real estate assets, layers in Bitcoin, and then uses the steady cash flow from those properties to acquire even more Bitcoin.” The fund is designed to capture the steady income from rental properties while leveraging the potential exponential growth of Bitcoin, effectively allowing investors to ride both waves simultaneously.
The 10X Miami River Bitcoin Fund isn’t Cardone Capital’s first attempt at this hybrid strategy. It marks the company’s fourth blended fund combining Bitcoin and income-generating multifamily real estate. The overarching ambition for Cardone Capital is bold: to amass $1 billion in real estate holdings alongside $200 million in Bitcoin assets held as treasury reserves across these hybrid funds.
By bridging tangible real estate and the volatile yet promising cryptocurrency market, Cardone aims to disrupt traditional real estate investment trusts (REITs) and other conventional vehicles that typically offer exposure solely to property. This hybrid model provides a unique pathway for investors seeking both stability and growth, blending the tried-and-true with the innovative.
An especially noteworthy goal of Cardone’s initiative is making Bitcoin accessible to investors and tenants who might otherwise be intimidated by the complexities of cryptocurrency. Cardone Capital is exploring ways to abstract away Bitcoin’s technical barriers, allowing stakeholders to benefit without needing to become crypto experts.
One such idea under consideration is a tenant rewards program, where renters demonstrating good payment habits and tenancy could receive rewards in Satoshis—the smallest unit of Bitcoin. This approach not only incentivizes positive behavior but also subtly familiarizes tenants with cryptocurrency, weaving digital assets into everyday life.
“We are onboarding people through a familiar vehicle—real estate,” Cardone explained. “They invest in something they understand, and behind the scenes, we’re building their Bitcoin exposure for them.” This strategy aims to ease hesitant investors into crypto by embedding it within an asset class they trust.
Looking ahead, Cardone also revealed plans to collaborate with financial institutions to develop hybrid mortgage products. These would allow clients to borrow using both their Bitcoin holdings and real estate equity, unlocking new financial flexibility for asset-rich individuals who want to leverage their digital and physical assets simultaneously.
The launch of the 10X Miami River Bitcoin Fund reflects a growing trend of convergence between traditional finance and digital innovation. As cryptocurrencies continue their march toward mainstream adoption, visionary firms like Cardone Capital are pioneering ways to integrate Bitcoin into everyday investment strategies. For investors looking to diversify beyond conventional portfolios, this hybrid fund offers an exciting glimpse into the future of asset management—where tangible real estate cash flow meets the boundless potential of Bitcoin.
