Cardone Capital has added another 10.5 Bitcoin (CRYPTO: BTC) to its treasury using rental income from its real estate portfolio.

Dollar-Cost Average Approach

In an X post on July 16, Grant Cardone said the company remains committed to converting a portion of its free cash flow into Bitcoin through a dollar-cost averaging strategy.

The latest purchase comes just a week after the firm announced it had acquired 107 BTC.

“Despite the fact BTC has not performed well this year, it is just a matter of time," Cardone wrote.