American Billionaire Puts His Plane Up for Sale in Bitcoin Instead of Dollars
Grant Cardone is offering his 2024 Bombardier Global 7500 private jet for 1, 025 BTC
which is about $80.9 million at the current Bitcoin price
What’s even stranger is that similar planes of the same model with comparable flight hours typically sell for between $75M and $81M
So the price isn’t just a random number…
The man is actually pricing the jet at 1,025 Bitcoin
Imagine the scene years from now
Today you say: a jet for 1,025 $BTC
And years from now, someone might say: “How could he sell 1,025 bitcoins for a plane?”
It’s worth noting that Cardone is known for his support of Bitcoin, and his company has built part of its strategy around purchasing BTC with cash flow from real estate.
Billionaires have indeed begun to view Bitcoin as an asset with which to price luxury items.
Tomorrow at 13:00 UTC, the Fed will inject $2.122B into the market
Most importantly, this liquidity is entering through the purchase of Treasury bills at a time when markets are already awaiting inflation data and the Fed’s upcoming decision
The amount of $2. 1B alone may not be enough to move the entire market
This whale isn’t messing around: $3.64 million, all long
The owner of this portfolio has opened positions worth $3.64 million and the strangest part is that 100% of them are long long positions no shorts at all
A $2.59 million long position on $ETH
and a $1.05 million long position on $HYPE
Leverage: 25x on ETH and 10x on HYPE
And the timing is interesting: ETH is holding steady near $2,500 after a strong rally, while HYPE remains close to its all-time highs
Does this whale see the start of a new rally before the market?