Billionaire lists luxury mansion for sale with 700 Bitcoins, an attempt to break into mainstream crypto applications?

Under the golden sunlight of Gold Beach, a luxury residence’s listing price prominently marked as “700 BTC” draws attention. This unusual pricing method sets this mansion apart from other high-end properties on the market.

Meanwhile, its neighbor has opted for a more traditional pricing strategy—$88 million. According to Gate data as of February 9, 2026, the current price of Bitcoin is $70,582.3.

The billionaire expressed confidence in Bitcoin as a long-term investment: “Let the neighbor take more fiat currency; in four years, I will be in a better position.”

Key Event

Grant Cardone listed his luxury home on Gold Beach, attracting market attention. Unlike traditional real estate transactions priced in fiat currency, he directly set his mansion’s price at 700 Bitcoin.

This figure was not arbitrarily set. Based on the latest data from Gate on February 9, 2026, with Bitcoin at $70,582.3, the Bitcoin price, this mansion’s Bitcoin valuation is approximately $49,407,610.

Notably, a similar property owned by Cardone’s neighbor is listed at $88 million. This difference is not just about pricing strategies but also a direct comparison of two different value storage methods.

In-Depth Analysis

Cardone’s choice may seem simple but actually conveys multiple messages. As a successful businessman and investor, every decision he makes can influence market sentiment and investment trends.

Cardone believes accepting Bitcoin payments will put him “in a better position four years from now.” This statement demonstrates traditional elites’ confidence in Bitcoin’s long-term value.

He views Bitcoin not just as a speculative asset but as a store of value capable of matching high-end physical assets. The combination of real estate and Bitcoin symbolizes that digital wealth is gaining parity with traditional hard assets.

Breaking the Barrier of Crypto Applications

Cardone is not the first well-known figure to combine crypto wealth with high-end real estate. DeFi lending protocol Aave’s founder, Stani Kulechov, also bought a five-story Victorian mansion in Notting Hill, London, at the end of 2024 for about $30 million.

This transaction was one of the highest in London’s luxury housing market at the time. Crypto entrepreneurs’ on-chain wealth is increasingly being converted into tangible assets in the traditional world.

As more crypto-rich individuals choose to “convert” digital wealth into physical assets, the boundary between cryptocurrencies and the traditional economy is blurring.

This trend reflects the increasingly close integration of the crypto market with the real economy. From Thai homeowners selling river-view mansions for 3.88 Bitcoin to the current listing of a mansion at 700 Bitcoin, cryptocurrencies are breaking out of their original application scenarios.

Asset Allocation Strategies of Crypto Tycoons

High-net-worth crypto investors are significantly changing their asset allocation. On one hand, they continue seeking opportunities in the crypto market; on the other, they are beginning to convert some gains into tangible, inflation-resistant assets.

Although Cardone is optimistic about the future of cryptocurrencies, the high volatility of the crypto market remains a significant risk. The “Whale Suffering” incident in 2025 vividly illustrates this.

From famous singer Maggi Brother losing $21.2 million in on-chain transactions to James Wynn’s $1.25 billion Bitcoin long position evaporating nearly $100 million in a week, these cases warn of the high risks in the crypto market.

Even experienced investors can suffer huge losses amid market fluctuations. A whale who borrowed to short 66,000 ETH ultimately lost $125 million and exited, once again proving the market’s unpredictability.

In this context, practices like Cardone’s—converting part of crypto assets into tangible assets—can be seen as risk management strategies. High-end real estate, as a traditional store of value, complements the highly volatile cryptocurrencies, providing crypto tycoons with a more balanced investment portfolio.

Market Signals and Future Outlook

The listing of a mansion priced at 700 Bitcoin sends an important signal to the market. It is a public declaration of value recognition and investment confidence.

When a successful traditional billionaire chooses to price a mansion in Bitcoin rather than dollars, it is essentially a high recognition of Bitcoin’s future value.

The overall sentiment in the current crypto market also reflects cautious optimism. According to Gate market data, the Fear & Greed Index is at “Extreme Fear” (index at 14), indicating that market participants remain quite cautious.

In this market environment, the global open interest in futures contracts has reached $30.55 billion, up 2.19% in 24 hours, while the open interest on the Gate platform is $3.84 billion. These data suggest that despite cautious sentiment, capital is still actively deploying.

Another interesting phenomenon is that, according to data from 15:25:30 on February 9, 2026, the global Bitcoin long-short ratio is 57.40% to 42.60%, indicating that most investors still hold a bullish stance.

The Significance of Breaking the Barrier

The mansion priced at 700 Bitcoin is just a microcosm of crypto applications breaking into new domains. 2025 witnessed numerous attempts by cryptocurrencies to break traditional boundaries across various fields.

The most notable is in payments. Ethereum’s Pectra upgrade, introducing EIP-7702, significantly improved user experience.

Users can now switch Gas payment currencies at will, solving the long-standing issue of “ETH insufficient to pay Gas fees.” This improvement even surpasses high-performance blockchains like Solana and Sui, keeping Ethereum ahead in user experience optimization.

The proliferation of financial card services has also accelerated the breaking of barriers in crypto applications. Ether.fi’s Visa debit card offers 2% cashback on spending, maintaining a 1% net return after deducting various fees.

More importantly, ether.fi cash uses Gnosis Safe smart contract accounts for asset custody, protecting users’ property rights.

In the US, regulatory changes have also created conditions for crypto applications to break into new areas. The “GENIUS Act,” “CLARITY Act,” and the “Anti-CBDC Surveillance Act,” passed in July 2025, provide clearer legal frameworks for cryptocurrencies.

Especially in August 2025, President Trump signed an executive order allowing 401(k) retirement accounts to invest in crypto assets, opening a new channel for traditional funds to enter the crypto market.

These developments collectively form the macro background for the breaking of crypto applications. When pensions can flow into crypto markets, daily transactions can be paid with cryptocurrencies, and high-end real estate accepts Bitcoin pricing, what we see is not just industry development but a new era of increasing integration between digital assets and the traditional economy.

Summary

Returning to Grant Cardone’s mansion on Gold Beach priced at 700 Bitcoin, the fate of this property is now closely tied to Bitcoin’s price curve. Its final transaction price will not only be a real estate market figure but also a tangible measure of Bitcoin’s value.

Market reactions have already begun. Gate data shows that as of February 9, 2026, the proportion of long-term Bitcoin holdings globally has reached 57.40%, indicating that investors remain confident about the future.

Whether this mansion ultimately sells for 700 Bitcoin or not, it has successfully connected two value systems—on one side, the luxury real estate symbolizing traditional wealth accumulation; on the other, cryptocurrencies representing digital-era value storage.