Grant Cardone scoops up 282 BTC as crypto selloff deepens

Cardone Capital added 282 Bitcoin, worth about $18 million, to its treasury as the crypto market sold off on geopolitical तनाव and Bitcoin traded near $63,000. The purchase extends a real-estate-funded dollar-cost-averaging strategy, where rental income from multifamily properties is used to accumulate BTC. Cardone previously bought 130 BTC in a prior dip and had disclosed about 1,000 BTC earlier this year. The firm aims to reach 3,000 BTC by the end of 2026 and 10,000 BTC longer term, signaling continued corporate demand for Bitcoin despite near-term weakness. The article is mildly supportive for BTC because it highlights persistent institutional-style accumulation during market stress.