Grant Cardone uses real estate equity to purchase Bitcoin

Investor Grant Cardone is utilizing real estate equity to fund Bitcoin purchases. Cardone described Bitcoin as “real estate without the tenants or property taxes,” viewing the cryptocurrency as an asset that provides similar benefits without the maintenance, tenant risks, or local property tax obligations associated with physical property.

His strategy involves a refinance loop where he borrows against real estate projects to access capital without triggering the tax events that would occur if he sold the assets. This allows him to redirect capital into Bitcoin while the real estate continues to generate cash flow and tax write-offs. This approach mirrors the ‘Buy, Borrow, Die’ strategy used by wealthy investors to maintain asset ownership while accessing liquidity.