CoinVoice has recently learned that, according to Globenewswire, the real estate investment company Cardone Capital, which manages $4.9 billion in assets, has announced the launch of the 10X Space Coast Bitcoin Fund, which combines institutional-grade real estate with Bitcoin purchases. The fund has a scale of $87.5 million.
Grant Cardone, founder and CEO of Cardone Capital, stated: '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 aim for a target internal rate of return of 12%-15% for our core real estate investments, while potentially increasing total returns through this blended strategy.' [Original link]