According to a report by Globenewswire on December 27, deep tide TechFlow news, real estate investment company Cardone Capital, which manages $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 size is $87.5 million.
Grant Cardone, founder and CEO of Cardone Capital, said: "After more than 11 years of studying 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 an internal rate of return of 12%-15% as our target for core real estate investments, while this mixed strategy has the potential to increase overall returns."
