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Actual property mogul Grant Cardone has joined the company Bitcoin shopping for binge, along with his Cardone Capital saying its first 1,000-BTC buy.
The transfer comes as Michael Saylor’s Technique (previously MicroStrategy) alerts yet one more Bitcoin purchase, regardless of a looming lawsuit tied to its Bitcoin accounting practices.
Cardone mentioned in a June 21 put up on X that Cardone Capital plans to “add one other 3,000 BTC” to its stability sheet this yr.
This can, he added, make the firm the “first-ever actual property/btc firm built-in with full BTC technique, combining the 2 finest at school belongings.”
Saylor Teases One other Technique Purchase Even As Lawsuit Looms
Whereas Cardone Capital turns into the most recent agency to hitch the company Bitcoin shopping for binge, Technique (beforehand often known as MicroStrategy) continues its aggressive BTC accumulation.
Nothing Stops This Orange pic.twitter.com/NwtiXWl4MT
— Michael Saylor (@saylor) June 22, 2025
In a cryptic X put up yesterday, Saylor teased one other BTC purchase. If the put up is adopted by an announcement of one other buy, it is going to be the eleventh consecutive week that the agency pronounces a BTC purchase, information from SaylorTracker reveals.
That’s as Technique faces a lawsuit from a disgruntled investor over allegedly “materially false and deceptive statements” about an accounting follow change that applies to the corporate’s BTC funding technique.
The swimsuit alleged the accounting change resulted within the firm recording a $5.9 billion unrealized loss on its Bitcoin holdings within the first quarter.
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