格蘭特卡登 (Grant Cardone) 押注他的房地產帝國，比特幣將達到 100 萬美元

Cardone Capital 的創始人兼執行長剛剛推出了一檔新基金，將房地產產生的現金流投資於比特幣（BTC）。

Real estate mogul Grant Cardone is rolling out a new fund that will funnel property-generated cash flow into bitcoin (BTC), a move that could see Cardone Capital amass a bitcoin reserve worth hundreds of millions of dollars.

房地產大亨 Grant Cardone 正在推出一檔新基金，將房地產產生的現金流注入比特幣（BTC），此舉可能會讓 Cardone Capital 累積價值數億美元的比特幣儲備。

Cardone, who has been buying real estate for 30 years, told CoinDesk that the fund will begin with a pilot project where Cardone bought an apartment complex on the Space Coast in Melbourne, Florida, for $72 million, and then ploughed an extra $15 million in bitcoin into the fund, for a total of $88 million.

Cardone 已經購買房地產 30 年了，他告訴 CoinDesk，該基金將從一個試點項目開始，Cardone 以 7200 萬美元購買了佛羅裡達州墨爾本太空海岸的一棟公寓大樓，然後額外投入了 1500 萬美元比特幣注入該基金，總額為8800 萬美元。

The cash flow generated by the property will be dollar-cost averaged into bitcoin every month for the next four years – or at least until the fund’s asset ratio, currently at 85% real estate and 15% bitcoin, shifts to 70% real estate and 30% bitcoin.

未來四年，該房產產生的現金流將以美元成本平均轉化為比特幣，或至少直到該基金的資產比例（目前為85% 房地產和15% 比特幣）轉變為70% 房地產和15% 比特幣。

If the top cryptocurrency, now trading for $104,000, reaches the $158,000 mark within a year, the entire fund will grow by 25% in value. If it reaches $251,000 in two years, that number shoots up to 61%.

如果目前交易價格為 104,000 美元的頂級加密貨幣在一年內達到 158,000 美元大關，則整個基金的價值將增長 25%。如果兩年內達到 251,000 美元，這個數字將飆升至 61%。

Cardone’s projections assume that bitcoin will hit $1 million per coin within the next five years, and keep going up after that.

Cardone 的預測假設比特幣在未來五年內將達到每枚 100 萬美元，並在此後繼續上漲。

His ambition is to roll out 10 other such projects before June, for a grand total investment of $1 billion. If bitcoin rises according to Cardone’s projections, Cardone Capital may end up with a bitcoin reserve potentially worth hundreds of millions of dollars solely off the back of its real estate cash flow.

他的目標是在 6 月之前推出另外 10 個此類項目，總投資額達 10 億美元。如果比特幣按照 Cardone 的預測上漲，Cardone Capital 僅靠房地產現金流可能獲得價值數億美元的比特幣儲備。

Taking a page out of Saylor’s bookCardone has been buying real estate for 30 years, and he’s famous for it, with over 4.8 million followers on Instagram, 2.7 million on YouTube, and 1.1 million on X.

借鑒 Saylor 的書，Cardone 購買房地產已有 30 年歷史，他因此而聞名，在 Instagram 上擁有超過 480 萬粉絲，在 YouTube 上有 270 萬粉絲，在 X 上有 110 萬粉絲。

Cardone Capital manages 15,000 units – 6,000 of which belong to Cardone himself, and 9,000 of which have been crowdfunded across 18,400 investors, accredited or not. The firm distributes $80 million a year in dividends, and its last six deals were all paid in cash.

Cardone Capital 管理 15,000 個單位，其中 6,000 個單位屬於 Cardone 本人，其中 9,000 個單位是透過 18,400 名投資者（無論是否獲得認可）進行眾籌的。該公司每年發放 8,000 萬美元的股息，最近六筆交易均以現金支付。

“We don’t take institutional money,” Cardone said. “No sovereign funds, no Wall Street.”

「我們不接受機構資金，」卡多內說。 “沒有主權基金，就沒有華爾街。”

Cardone added that he’s a risk-taker, but compared to the “degenerates in the blockchain industry,” he’s “so conservative, it's unbelievable.”

卡多內補充說，他是一個敢於冒險的人，但與「區塊鏈產業的墮落者」相比，他「如此保守，令人難以置信」。

Despite studying bitcoin for seven years, Cardone said he did not see a way to combine real estate and bitcoin until MicroStrategy (MSTR) co-founder Michael Saylor suggested the model to him.

儘管研究比特幣七年，Cardone 表示，直到 MicroStrategy (MSTR) 聯合創始人 Michael Saylor 向他建議了該模型，他才找到將房地產和比特幣結合起來的方法。

“This is really a version of what he’s doing at MicroStrategy,” Cardone said.

“這確實是他在 MicroStrategy 所做工作的一個版本，”Cardone 說。

One of the advantages of the real estate-bitcoin fund is that it allows the firm to raise capital much faster. Not only are investors piling into the initiative, but Cardone plans on issuing corporate bonds to get some long-term, cheap money, and somewhat replicate Saylor’s convertible note formula.

房地產比特幣基金的優點之一是它可以讓公司更快地籌集資金。不僅投資者紛紛湧入這項舉措，卡登還計劃發行公司債以獲得一些長期、廉價的資金，並在某種程度上複製塞勒的可轉換票據公式。

He also wants to put up combined mortgages against the projects. Bitcoin mortgage products do not yet exist, he noted, but Cardone expects that to change after he’s done plowing hundreds of millions of dollars into these hybrid projects.

他還想為這些項目提供聯合抵押貸款。他指出，比特幣抵押貸款產品尚不存在，但卡登預計，在他向這些混合項目投入數億美元後，這種情況將會改變。

“$700 million worth of real estate paid for with cash, $300 million worth of bitcoin, and no debt. Who wouldn't give me a loan for $500 million against the combination?” he said. “I'm talking about very friendly long-term debt, no margin calls. Seven to 10 years.”

「價值 7 億美元的房地產是用現金支付的，價值 3 億美元的比特幣是用比特幣支付的，沒有任何債務。誰不會以這個組合為抵押向我提供 5 億美元的貸款呢？他說。 「我說的是非常友好的長期債務，沒有追加保證金。七到十年。

Not to mention the possibility of the firm going public, which Cardone says could occur in 2026.

更不用說該公司上市的可能性，Cardone 表示這可能會在 2026 年發生。

Cardone’s plans to buy bitcoin in a price-agnostic way – meaning that he won’t be focused on buying dips, but will simply purchase bitcoin within 72 hours of the monthly distributions coming in.

Cardone 計劃以與價格無關的方式購買比特幣，這意味著他不會專注於逢低買入，而只是在每月分配到來後 72 小時內購買比特幣。

Nor will the firm take exposure to bitcoin through any spot exchange-traded funds (ETFs); the plan is to hold the cryptocurrency through an institutional custodian.

該公司也不會透過任何現貨交易所交易基金（ETF）投資比特幣；該計劃是透過機構託管人持有加密貨幣。

Does he ever plan on selling? Not in the immediate future. But he still has concerns about the growing frenzy surrounding cryptocurrencies.

他有沒有打算出售？不是在不久的將來。但他仍然對圍繞加密貨幣日益增長的狂熱感到擔憂。

“The place I'm at in my life, I can take this chance. I don't need more cash flow,” Cardone said. “But if you're 25 years old and you're trying to get some cash flow for life, bitcoin is not a solution. It's a bet, it's a gamble, and you got to pay rent, you got to take care of your family, you got to pay your bills. And bitcoin

「就我現在的生活而言，我可以抓住這個機會。我不需要更多的現金流，」卡多內說。 「但如果你已經 25 歲了，並且想為生活獲得一些現金流，那麼比特幣並不是一個解決方案。這是一場賭注，這是一場賭博，你必須支付房租，你必須照顧你的家人，你必須支付你的帳單。還有比特幣