Grant Cardone is down $45 milllion on his Bitcoin bet

Financial influencer, real estate guru, and millionaire entrepreneur Grant Cardone recently unveiled a staggering loss on his massive Bitcoin ( BTC ) investment. Specifically, Cardone revealed that he owns approximately 2,000 BTC, purchased at an average price of $92,000 for a total of about $184 million. Considering Bitcoin is, at press time, changing hands at $69,450, the total investment is worth $138.9 million. Given the market conditions, Grant Cardone is, in fact, down a staggering $45 million on his position in the world’s premier cryptocurrency . Grant Cardone says Bitcoin loss doesn’t bother him at all Despite the loss, the millionaire also sta ted that he is not bothered by the fact in an Iced Coffee Hour podcast appearance, demonstrating equally his wealth and his confidence in a future rally. Indeed, between the time the podcast was filmed and press time on April 6, Grant Cardone was, arguably, partially vindicated for his confidence as he recovered some of the losses in the last 12 hours. Specifically, he unveiled a $51 million while BTC’s latest rally diminished it by $6 million to $45 million. Elsewhere, while it remains uncertain what will happen with the cryptocurrency in the short-term – the April 6 upsurge was largely driven by the rumor that the U.S. and Iran might soon enter a ceasefire – the long-term outlook appears positive for the millionaire. Could Grant Cardone’s $45 million Bitcoin loss turn into $116 million profit? Late 2025 and early 2026 saw mounting institutional optimism and regulatory amicability, hinting that Bitcoin’s bull cycle would continue faster than the digital asset’s historical performance might indicate. Bernstein, for example, believes that the prevailing bearish case for BTC is remarkably weak and believes the cryptocurrency could rally to $150,000 this year . Should such a 2026 Bitcoin price forecast prove correct and assuming Cardone doesn’t alter his position, the $45 million loss of April 6 could become a $116 million gain by December 31. Featured image via Shutterstock The post Grant Cardone is down $45 milllion on his Bitcoin bet appeared first on Finbold .