Cardone Capital launches 10X Miami River Bitcoin Fund, containing US$15 million worth of Bitcoin
Online reports, according to Cointelegraph, real estate investment firm Cardone Capital has launched the 10X Miami River Bitcoin Fund, a dual-asset fund that includes 346 multi-family residential commercial real estate units located on the Miami River in Florida and US$15 million worth of bitcoins. The fund will convert part of its monthly cash flow into Bitcoin. Grant Cardone Capital, founder and CEO of Cardone Capital, said the company's long-term goal is to accumulate $1 billion in real estate assets and $200 million in Bitcoin reserves in hybrid funds.
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