Summary
Self-proclaimed billionaire Grant Cardone is selling his private jet due to a major drop in bitcoin's value. Bitcoin has lost over 22% of its value in the past month, affecting many investors. Cardone's decision comes as investors are pulling out of digital currencies amidst concerns about future regulations.
Key Facts
- Grant Cardone announced he is selling his private jet after the bitcoin price dropped.
- Bitcoin's value fell more than 22% over the past month.
- Cardone referred to his jet as a "2024 Bombardier Global 7500."
- Cardone has called himself a billionaire, but Forbes does not include him on its billionaire list.
- He runs Cardone Capital and Cardone Training Technologies Inc.
- Bitcoin is a digital currency on a blockchain, with limited supply like gold.
- The White House recently discussed cryptocurrency regulations with banks and crypto companies.
- Bitcoin hit a high of $126,210.50 in October 2025 but was at about $67,000 this week.
