Mark Cuban Says He Sold Most of His Bitcoin After It Failed to Act as a Hedge Billionaire investor Mark Cuban said he has sold most of his…
Mark Cuban Says He Sold Most of His Bitcoin After It Failed to Act as a Hedge
Billionaire investor Mark Cuban said he has sold most of his Bitcoin holdings after concluding the cryptocurrency failed to serve as the hedge he expected during recent geopolitical tensions involving Iran and a weakening U.S. dollar.
Cuban said he remains more positive on Ethereum, while describing most other cryptocurrencies as “garbage.” He had previously said his crypto portfolio was primarily composed of Bitcoin and Ethereum.
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