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Salt-BakedBabyPotatoes

2026-05-22 00:37:01

It's not Bitcoin that has changed, it's Khabane's expectations that have changed.

BTC-0.49%

View Original

BlockBeatNews2026-05-22 00:18:51

Mark Cuban sells off most of his Bitcoin holdings, disappointed by the poor performance of the "digital gold" narrative

On May 22, Mark Cuban said on the Front Office Sports podcast that he had sold most of his Bitcoin. Because Bitcoin did not serve as an effective hedge amid geopolitical turmoil and a weakening dollar, he was disappointed with this kind of asset. Cuban has long viewed BTC as a core asset for hedging fiat currency devaluation. BTC makes up about 60% of his crypto portfolio, and in 2018 he pushed the Mavericks to accept Bitcoin for ticket payments. He has also been optimistic about Ethereum.

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