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Actual property mogul Grant Cardone has joined the company Bitcoin shopping for binge, together with his Cardone Capital saying its first 1,000-BTC buy.
The transfer comes as Michael Saylor’s Technique (previously MicroStrategy) alerts yet one more Bitcoin purchase, regardless of a looming lawsuit tied to its Bitcoin accounting practices.
Cardone mentioned in a June 21 submit on X that Cardone Capital plans to “add one other 3,000 BTC” to its steadiness sheet this yr.
This may, he added, make the firm the “first-ever actual property/btc firm built-in with full BTC technique, combining the 2 finest in school belongings.”
Saylor Teases One other Technique Purchase Even As Lawsuit Looms
Whereas Cardone Capital turns into the newest agency to affix the company Bitcoin shopping for binge, Technique (beforehand often called MicroStrategy) continues its aggressive BTC accumulation.
Nothing Stops This Orange pic.twitter.com/NwtiXWl4MT
— Michael Saylor (@saylor) June 22, 2025
In a cryptic X submit yesterday, Saylor teased one other BTC purchase. If the submit is adopted by an announcement of one other buy, it will likely be the eleventh consecutive week that the agency broadcasts a BTC purchase, information from SaylorTracker reveals.
That’s as Technique faces a lawsuit from a disgruntled investor over allegedly “materially false and deceptive statements” about an accounting apply change that applies to the corporate’s BTC funding technique.
The swimsuit alleged the accounting change resulted within the firm recording a $5.9 billion unrealized loss on its Bitcoin holdings within the first quarter.
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