Core Insights - Grant Cardone's Cardone Capital has made significant Bitcoin purchases, adding 888 BTC to its 101 Mizner Boca Bitcoin project, marking it as the largest real estate and Bitcoin hybrid in history [1][2] - The recent Bitcoin market downturn saw prices drop to as low as $90,000, prompting Cardone to leverage this opportunity for investment [1] - Cardone Capital's new hybrid fund aims to combine real estate with Bitcoin, specifically targeting 366 multifamily units alongside $100 million worth of Bitcoin [2] Group 1 - Cardone Capital's strategy involves using free cash flow to continue acquiring Bitcoin, indicating a long-term investment approach [1] - The company plans to eventually take its hybrid funds public, allowing investors to benefit from both real estate stability and Bitcoin's volatility [2] - Cardone expressed confidence in the sustainability of his funds compared to other Bitcoin treasury companies, citing a projected EBITDA of $125 million in the first year [4] Group 2 - Other companies, such as Strategy (NASDAQ:MSTR), are also increasing their Bitcoin holdings, with Strategy acquiring 8,178 BTC for approximately $835.6 million [3] - Cardone anticipates a significant decline in digital asset treasury companies lacking a solid business foundation, contrasting his funds with those that do not generate cash flow [4] - The current market conditions have led to many Bitcoin treasury companies seeing their valuations drop below net asset values, affecting their ability to raise equity for further Bitcoin purchases [5]