Grant Cardone Backs Bitcoin: “Strategic Bitcoin Reserve Is Coming
Billionaire Grant Cardone reveals his companies are holding Bitcoin, hinting at a "Strategic Bitcoin Reserve."
- Grant Cardone confirms his companies hold Bitcoin.
- Predicts a “Strategic Bitcoin Reserve” is on the way.
- Highlights growing institutional Bitcoin adoption.
Billionaire real estate mogul and CEO of Cardone Capital, Grant Cardone, has made a bold statement about Bitcoin’s future. He recently announced that every one of his companies now holds Bitcoin on its balance sheet. More significantly, he hinted at the emergence of a “Strategic Bitcoin Reserve,” a concept that could signal broader institutional adoption of Bitcoin.
The Strategic Bitcoin Reserve: What Does It Mean?
While Cardone didn’t elaborate on what he meant by a Strategic Bitcoin Reserve, his statement aligns with a growing trend where businesses and governments increasingly view Bitcoin as a financial hedge. If major corporations and financial institutions adopt Bitcoin as a reserve asset, it could lead to greater stability and mainstream acceptance of the cryptocurrency.
This move echoes similar steps taken by major firms like MicroStrategy, Tesla, and several institutional investors who have incorporated Bitcoin into their financial strategies.
JUST IN: $5 billion Cardone Capital CEO Grant Cardone said "the Strategic Bitcoin Reserve is coming." 🇺🇸
— Bitcoin Magazine (@BitcoinMagazine) March 3, 2025
Every one of my companies now has some Bitcoin sitting on its balance sheet." 👀https://t.co/A5zlXD2660
Growing Institutional Interest in Bitcoin
Cardone’s latest Bitcoin endorsement adds to the narrative that institutions are embracing digital assets. With the approval of Bitcoin ETFs and increasing corporate interest, businesses are beginning to treat Bitcoin as digital gold. His comments suggest that more companies might follow suit, reinforcing Bitcoin’s long-term viability as a financial asset.
With a net worth of billions and a vast real estate empire, Cardone’s Bitcoin advocacy could influence other high-net-worth individuals and corporate leaders to consider adding BTC to their portfolios.
