Mark Cuban says he sold most of his Bitcoin after failed hedge narrative 'disappointed' the billionaire
CoinDesk·
60-second summary
Mark Cuban is selling most of his Bitcoin after the cryptocurrency failed to act as a hedge during recent geopolitical turmoil and dollar weakness, disappointing the billionaire investor. He sold most of his holdings, though exact numbers aren't disclosed, as the narrative of Bitcoin as a safe-haven asset didn't materialize.
The billionaire investor said he sold most of his bitcoin after concluding the cryptocurrency failed to act as a hedge during recent geopolitical turmoil and dollar weakness.