Cardone Capital Buys the Bitcoin Dip, Eyes 5,000 BTC by Year’s End
Grant Cardone’s Cardone Capital is capitalizing on the recent Bitcoin dip, adding 100 BTC to its holdings. This move signals continued confidence in the cryptocurrency’s long-term potential, even as some investors, often referred to as “weak hands,” are selling off their positions.
Cardone Capital views the pullback as a strategic opportunity, especially after Bitcoin’s strong performance in July, which saw it reach $118,000 per coin.
“Cardone Capital added 100 BTC today as it pulled back,” Cardone tweeted on August 1, 2025.
The company plans to acquire 5,000 more Bitcoins by the end of 2025, demonstrating a commitment to profiting from market fluctuations. Cardone clarified that the recent purchase was made using existing cash reserves, highlighting the company’s preparedness to seize opportunities.
Cardone, a vocal supporter of Donald Trump, suggests his company’s Bitcoin strategy aligns with the former president’s approach to digital assets.
Michael Saylor’s Endorsement and Cardone’s Bitcoin Ambitions
Grant Cardone, a prominent figure in finance with an estimated net worth of $600 million, manages over $2 billion in assets through Cardone Capital. His company’s activity underscores the growing interest in Bitcoin among large, privately held firms.
In June 2025, Cardone announced the purchase of 1,000 Bitcoins, receiving praise from Bitcoin advocate Michael Saylor.
“Congratulations on acquiring 1000 BTC,” Saylor tweeted.
With plans to acquire 5,000 more coins by the end of 2025, Cardone’s holdings could exceed 14,000 BTC.
Family Affair: Brother’s Silver-to-Bitcoin Conversion Pays Off
Grant’s brother, Gary Cardone, is another strong believer in Bitcoin’s long-term value. In 2024, he famously converted his entire silver collection into Bitcoin, transporting 670 kilograms of silver to facilitate the exchange.
At the time, his 23,700 troy ounces of silver were valued at approximately $700,000, with each ounce priced at $29. He exchanged it for Bitcoin when each coin was worth $60,000. With Bitcoin now trading at $114,000, his investment has nearly doubled, illustrating the Cardone family’s successful positioning in the cryptocurrency market.
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