Mark Cuban sells most of his Bitcoin, cites hedge failures during Iran conflict
Mark Cuban has sold approximately 80% of his Bitcoin holdings, citing its poor performance during geopolitical tensions. He noted that while Bitcoin's value dipped, gold surged, leading him to question Bitcoin's effectiveness as a hedge. This marks a significant shift for Cuban, who previously advocated for Bitcoin as a superior alternative to gold.
- ▪Mark Cuban sold about 80% of his Bitcoin holdings.
- ▪He cited Bitcoin's failure to perform as expected during the US-Iran conflict.
- ▪Gold outperformed Bitcoin, rising above $5,000 per ounce during the turmoil.
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Mark Cuban sells most of his Bitcoin, cites hedge failures during Iran conflict The billionaire investor dumped roughly 80% of his Bitcoin holdings after watching gold outperform crypto during geopolitical turmoil. Share Add us on Google by Editorial Team May. 21, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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