Selling Tommy Hilfiger's house for cryptocurrency: a new step in Grant Cardone's investment strategy
Date: 2024-04-12 Author: Oliver Abernathy Categories: IN WORLD
Entrepreneur and investor Grant Cardone decided to put up for sale a luxurious mansion in Florida that belonged to the famous fashion designer Tommy Hilfiger. The mansion, valued at 646 BTC, worth approximately $45.8 million, is now available for purchase exclusively with cryptocurrency.
Details about the property and its renovation
The home, located in Golden Beach in the Miami-Dade area, measures 954 square feet and includes six bedrooms, as well as a pool and private beach. The Cardones invested in renovations to the property, which could have increased its value.
Payment only in bitcoins: investor strategy
Grant Cardone announced that he is ready to accept payment only in BTC, expressing his preference for cryptocurrency as a means of payment. Although the reasons for this choice were not made public, it shows his confidence in digital assets.
Investment views and position towards mortgages
Cardone has been vocal about his dissatisfaction with mortgage lending, seeing it as a "trap" that ties people to one place for the long term. His decision to accept cryptocurrency for real estate may reflect his desire for financial freedom and diversity in investing.
The sale of Tommy Hilfiger's house for BTC opens a new chapter in Grant Cardone's investment strategy, highlighting his confidence in cryptocurrency and desire to diversify his assets.
