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COINOTAG News reported on October 17 that Grant Cardone, chief executive of U.S. real estate investment firm Cardone Capital, confirmed a follow-up purchase of 200 BTC after acquiring 300 BTC last week. The company indicated the additional allocation increases its cumulative Bitcoin exposure in a measured increment, consistent with disclosed treasury activity.
The transaction underscores Cardone Capital‘s continued accumulation of Bitcoin as an asset class within its corporate holdings. Market participants may interpret the move as part of a broader liquidity and capital allocation strategy, with the purchases executed at prevailing market prices and recorded in the firm’s crypto position.
Reporting from COINOTAG News is factual and dated; no forward-looking projections are included. The announced acquisition of 200 BTC follows the prior week’s 300 BTC purchase, bringing the recent incremental total to 500 BTC added over the reporting period.
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