Grant Cardone: Commercial Real Estate Faces Historic Reset, Bitcoin Is the Perfect Hedge

Grant Cardone, founder of Cardone Capital, stated that commercial real estate is undergoing a historic reset due to high interest rates. He views Bitcoin as an ideal hedge and a store of wealth, aiming to accumulate 25,000 BTC on his company's balance sheet while managing 25,000 apartment units. Cardone describes real estate as a 'Trojan horse' for Bitcoin adoption, utilizing property cash flows to continuously increase his holdings from the current 3,000 BTC. He noted that traditional REITs cannot hold Bitcoin, providing his firm with a competitive advantage, and discussed a $335 million transaction in Boca Raton.