Grant Cardone, CEO of real estate investment firm Cardone Capital, announced the company is actively accumulating Bitcoin at the $59,000 price level, with total holdings now exceeding 2,700 BTC. This move signals sustained institutional confidence in Bitcoin's long-term value amid price corrections, drawing market attention to potential further institutional entries.
Institutions Continue to Accumulate Bitcoin
According to Cointelegraph, Grant Cardone, CEO of real estate investment firm Cardone Capital, stated that the company is accumulating Bitcoin at the $59,000 price level, with total holdings now exceeding 2,700 BTC. The firm, primarily focused on real estate investments, is clearly adding to its BTC position during the correction phase, reflecting sustained long-term confidence among some institutional investors in crypto assets.
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