Grant Cardone listed his Miami mansion for 400 Bitcoin, valued at $43 million, signaling growing Bitcoin adoption in luxury real estate.

Grant Cardone Lists Miami Mansion for 400 Bitcoin in $43M Deal

Entrepreneur Grant Cardone listed his Miami mansion for 400 Bitcoin (BTC), valued at approximately $43 million, completing the transaction within 72 hours.

The Event in Detail

Grant Cardone listed his luxury oceanfront mansion in Golden Beach, Miami, for sale exclusively in Bitcoin. The property, priced at 400 BTC, reflects a valuation of approximately $43 million based on a Bitcoin price of $107,700 per coin. The mansion, located at 605 Ocean Blvd, features seven bedrooms, 12 bathrooms, an infinity pool, and 100 feet of private ocean frontage. Designed by architect Martyn Lawrence Bullard, the estate has been featured in Architectural Digest.

605 Ocean Blvd – Listed for Sale BTC ONLY – Trying to catch the DIP. Best Ocean Front Beach Entry in ALL of Miami. Quick Sale 400 BTC

Market Implications

This transaction represents one of the largest real estate deals to date using cryptocurrency as the sole method of payment. Bitcoin has climbed approximately 80% over the past 12 months, outpacing most real estate markets. By 2025, an increasing number of high-end listings, between 7-10% in the U.S., are expected to accept crypto. The all-time high of Bitcoin, reached in August 2025, hit $124,128, valuing Cardone's asking price at nearly $50 million.

Expert Commentary

Natalia Karayaneva, chief executive of Propy, noted that NFT sales reached $4 billion, and real-world assets will soon represent a significant portion of that market. Former Commodity Futures Trading Commission (CFTC) enforcement attorney Braden Perry told Blockworks that real estate has a “huge upside potential” when it comes to NFTs and blockchain technology at-large.

Broader Context

The sale occurs amidst increasing institutional adoption of Bitcoin. By 2025, 59% of institutional portfolios are expected to allocate at least 10% to Bitcoin, driven by macroeconomic hedging and regulatory clarity. In Q2 2025, $65 billion in institutional capital flowed into Bitcoin via ETFs. Regulatory frameworks, particularly concerning Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance, remain a concern, potentially complicating broader cryptocurrency adoption in real estate transactions. These concerns highlight the need for clearer regulations to accommodate growing interest in cryptocurrency while maintaining financial safeguards. The Ethereum Foundation (EF) has announced it will sell 10,000 ETH, valued at about $43 million, to provide funding for research, grants, and strategic donations, further indicating increased cryptocurrency adoption. This Miami mansion listing continues the trend of pricing luxury real estate in Bitcoin, aligning with the increasing adoption of cryptocurrency in high-value transactions.