Episode Details
Back to Episodes2484: Billionaire Plans $40 Million Bitcoin Buy - Why BTC Is Heading to $1 Million
Description
Billionaire real estate investor Grant Cardone plans to acquire another 500 Bitcoin by refinancing properties, adding to Cardone Capital's reported 3,000 BTC holdings. He's already accumulating Bitcoin using rental income and believes BTC could reach $400,000–$500,000, potentially making his Bitcoin holdings more valuable than his real estate portfolio.
Meanwhile, Michael Saylor's Strategy reportedly purchased another 250 BTC, bringing its holdings to 848,250 Bitcoin. With an estimated $393 trillion stored in global real estate, could rental income, refinancing, and billionaire accumulation unlock an entirely new wave of Bitcoin demand? We explore what this means for Bitcoin's long-term supply dynamics and the road to $1 million BTC.
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