Core Insights - Grant Cardone is selling his Golden Beach mansion for 700 BTC, approximately $46.58 million at current prices, emphasizing the potential appreciation of Bitcoin over real estate in the long term [4][2][1] - The property is notable for its size (10,000 sq ft), featuring 7 bedrooms and 6 garages, and is located on a private shoreline [4][2] - Cardone's strategy reflects a belief in Bitcoin's long-term value, having previously listed the property for 400 BTC, which was quickly under contract [2][1] Real Estate Market Trends - A report by Agents Gather forecasts a 3-5% appreciation for Miami's ultra-luxury estates in 2026 and a 4-6% appreciation in 2027, indicating a positive outlook for high-end real estate in the area [5] - Despite Bitcoin's volatility, which saw a 30% decline last year and an additional 24% drop in 2026, its long-term growth has been significant, with a 16,000% increase over the past decade [5] Investment Strategy - Cardone's firm, Cardone Capital, has shown a commitment to Bitcoin, purchasing 200 BTC after market corrections and investing an additional $10 million recently [6] - The decision to sell a luxury jet suggests a strategy to liquidate assets to capitalize on Bitcoin's price fluctuations [7][8]
Grant Cardone Is Selling A Mega Mansion For Bitcoin Only And Says He'll Be 'Better Off' By 2029 — But Will Anyone Bite?
Yahoo Finance·2026-02-17 11:46