Grant Cardone Lists $70M Jet to Buy Bitcoin Dip Amid Crash

Bitcoin recently plunged over 10% in a single day, dipping to around $60,000 before recovering slightly to trade near $64,500. Following the brutal crash, real estate investor and cryptocurrency enthusiast Grant Cardone took to his X page to share a humorous post, claiming the crash forced him to part with his prized 2024 Bombardier Global 7500 private jet.

The message, accompanied by a video tour of the aircraft, blended self-promotion with witty commentary on market turbulence. The episode highlighted how prominent figures navigate crypto’s dramatic swings while engaging their audiences.

$70M Luxury Jet Up for Sale

Cardone created a buzz with his theatrical announcement that Bitcoin’s recent crash forced him to say goodbye to “the love of my life”—his luxurious Bombardier Global 7500 jet. He described it as fully loaded, boasting a five-year warranty, full maintenance programs, only 190 hours on the airframe, K-band connectivity, and readiness for Starlink.

In a video he shared, Cardone walked through the aircraft donned in his signature “Cash Flow” attire, highlighting the plush gray interior and branded exterior while playfully expressing heartbreak with sad emojis and exaggerated sighs. However, the humor in his message concealed a deeper commitment.

Cardone has a history of blending humor with calls for proactive investment. Just yesterday, he sarcastically announced additional bitcoin purchases at around $72,000, emphasizing his long-term holding strategy and his debt-free approach to crypto investments. However, while listing his jet on aviation marketplaces confirmed its availability, his post read more like provocative marketing than a genuine distress sale.

Cardone’s Post Sparks Mixed Reactions

Cardone’s post attracted responses that reflected the crypto community’s divided sentiments during the downturn. Some users humorously suggested trading personal belongings to “buy the dip,” while others pointed out the irony of selling a jet amidst his recent buying announcements.

Critics have raised concerns about the practicality of Bitcoin, pointing to risks like its limited use in the real world and vulnerability to external shocks. On the other hand, supporters countered with optimistic forecasts of a swift recovery and additional acquisitions. Some users see the recent price drop as a great opportunity to buy more bitcoin. 

Cardone’s strategy of buying during market pullbacks and publicly endorsing the asset only fueled the ongoing debate about crypto’s position alongside traditional investments like real estate. As bitcoin fluctuates between $64,000 and $65,000, the incident showcases the unwavering enthusiasm of dedicated holders, even in the face of short-term losses.

The post Grant Cardone Lists $70M Jet to Buy Bitcoin Dip Amid Crash appeared first on CoinTab News.