According to Crypto Rover, Cardone Capital has officially announced plans to purchase $300 million worth of Bitcoin (BTC), signaling a significant institutional entry into the cryptocurrency market. This move is expected to increase buying pressure on BTC and may lead to heightened volatility in the near term, as large-scale institutional investments often precede major price movements. Traders should monitor BTC price action closely for potential breakout patterns and increased liquidity following this sizable acquisition. Source: Crypto Rover on Twitter (June 21, 2025).