Grant Cardone doubles down on Bitcoin as price pulls back, says he won’t sell

Grant Cardone, real estate entrepreneur and CEO of Cardone Capital, announced that his firm accumulated more Bitcoin at $72,000 amid the digital asset’s recent price decline.

“For those who wanted a lower price, now you have it, let’s see if you follow through. For those who think it’s going to zero, you’re a little closer, now just have to wait and see,” Cardone said via his official X account.

Cardone indicated he would welcome further price drops, expressing interest in buying more if Bitcoin falls to $35,000. Asked if there was a pain point that would trigger a sale, the investor said he would not sell.

According to TradingView data, Bitcoin dropped about 7% over the past 24 hours, deepening weekly losses to 20%.

The asset slipped below $71,000 late Wednesday and continued to struggle into Thursday, briefly reaching $69,922.

Cardone Capital has a track record of buying Bitcoin during market dips as part of a strategy to accumulate below market value. The firm combines institutional real estate holdings with long-term Bitcoin positions, targeting 20% returns.