According to ChainCatcher news, as reported by Globenewswire, Cardone Capital, a real estate investment company managing $4.9 billion in assets, announced the launch of the 10X Space Coast Bitcoin Fund, which combines institutional-grade real estate with Bitcoin purchases. The fund has a size of $87.5 million.
Grant Cardone, founder and CEO of Cardone Capital, said: 'After more than 11 years of research on Bitcoin, we have developed a method that combines the stability of cash-flow real estate with the growth potential of Bitcoin. We will continue to target a 12%-15% internal rate of return as the baseline for real estate investments, while potentially enhancing overall returns through this mixed strategy.'
