2 days ago

Mark Cuban Dumped Bitcoin, Says Hedge Thesis Fell Short

TLDR Mark Cuban said he sold most of his Bitcoin after losing confidence in its hedge role. He stated Bitcoin failed to rise during geopolitical tension and a weaker dollar. Cuban compared Bitcoin’s performance to gold, which increased during the same period. He described the outcome as disappointing for his original investment thesis. Cuban had [...]

The post Mark Cuban Dumped Bitcoin, Says Hedge Thesis Fell Short appeared first on Blockonomi.

Source: Blockonomi →