Cardone Capital Expands Bitcoin Holdings Following Miami River Project Refinancing

According to PANews, Grant Cardone, the founder and CEO of Cardone Capital, announced that the company has acquired an additional 130 bitcoins after refinancing the Miami River project. Instead of purchasing interest rate caps, Cardone Capital opted to repay debt by raising equity funds. The Fannie debt interest rate has been fixed at 4.89%. This marks the fourth instance of the company integrating bitcoin into its real estate investments, with eight more related transactions currently in progress.