{"id":94733,"date":"2026-05-22T14:33:08","date_gmt":"2026-05-22T14:33:08","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=94733"},"modified":"2026-05-22T14:33:08","modified_gmt":"2026-05-22T14:33:08","slug":"billionaire-mark-cuban-reveals-he-sold-most-of-his-bitcoin-heres-why","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=94733","title":{"rendered":"Billionaire Mark Cuban Reveals He Sold Most Of His Bitcoin: Here\u2019s Why"},"content":{"rendered":"<div>\n<p>Mark Cuban said he has sold most of his Bitcoin, arguing that the asset failed to behave as the hedge he expected during a period of geopolitical stress and dollar weakness. Speaking on Portfolio Players by Front Office Sports, released on May 21, 2026, the billionaire investor said it had \u201clost the plot\u201d after underperforming gold in the conditions he believed should have favored it.<\/p>\n<h2>Why Mark Cuban Sold Most Of His Bitcoin<\/h2>\n<p>\u201cThis might get some people upset,\u201d Cuban said. \u201cI think Bitcoin has lost the plot.\u201d<\/p>\n<p>Cuban said his original thesis for buying BTC was tied to its role as an alternative to <a href=\"https:\/\/bitcoinist.com\/bitcoins-million-dollar-bitwise-path-to-1-million\/\" target=\"_blank\" rel=\"noopener \">fiat currency debasement<\/a>. He said he saw BTC as \u201ca better version of gold than gold,\u201d particularly in moments when confidence in traditional currencies came under pressure. But he said that view changed after it failed to rally during a period he described as marked by the \u201cIran war\u201d and broader stress in fiat markets.<\/p>\n<p>\u201cWhen all the shit hit the fan<a href=\"https:\/\/bitcoinist.com\/iran-bitcoin-strait-of-hormuz\/\" target=\"_blank\" rel=\"noopener \"> with the Iran war<\/a>,\u201d Cuban said, \u201cBitcoin was always the best alternative to fiat currency losing its value.\u201d<\/p>\n<p>According to Cuban, that expectation was not met. He contrasted BTCs performance with gold, which he said \u201cblew up\u201d and moved to $5,000, while Bitcoin fell. For Cuban, the issue was not simply that BTC traded lower, but that it failed in the specific macro environment in which he believed it should have shown strength.<\/p>\n<p>\u201cEvery time the dollar dropped, Bitcoin should have gone up,\u201d Cuban said, arguing that a weaker dollar should have made the asset more attractive globally because Bitcoin is priced in dollars. \u201cAnd it just didn\u2019t do that.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">NEW <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/203c.png\" alt=\"\u203c\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> \u2013 BILLIONAIRE MARK CUBAN:<\/p>\n<p>I SOLD MOST OF MY BITCOIN. IT\u2019S LOST THE PLOT. <a href=\"https:\/\/t.co\/9NlILDsKwu\" rel=\"nofollow\">pic.twitter.com\/9NlILDsKwu<\/a><\/p>\n<p>\u2014 Neil Jacobs (@NeilJacobs) <a href=\"https:\/\/twitter.com\/NeilJacobs\/status\/2057481702801285341?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 21, 2026<\/a><\/p>\n<\/blockquote>\n<p>The comments cut directly into one of BTC\u2019s most persistent investment narratives: its role as a hedge against fiat weakness and monetary instability. Cuban\u2019s criticism is not framed around network security, adoption, or long-term scarcity. It is focused on market behavior. In his view, Bitcoin failed to respond like a <a href=\"https:\/\/bitcoinist.com\/bitcoin-macro-bottom-is-in-but\/\" target=\"_blank\" rel=\"noopener \">macro hedge when the setup appeared<\/a> to demand it.<\/p>\n<p>Asked whether Bitcoin was \u201cnot such a hedge,\u201d Cuban agreed. \u201cNo, it\u2019s not the hedge that I expected it to be,\u201d he said. \u201cAnd that was really disappointing.\u201d<\/p>\n<p>Cuban\u2019s remarks also draw a distinction between BTC and ETH. While he said he was \u201cmore disappointed in Bitcoin,\u201d he added that he was \u201cnot as disappointed in Ethereum.\u201d He did not expand on the Ethereum comparison in the excerpt, but the contrast suggests his disappointment is concentrated on BTC\u2019s failure to deliver against its hedge narrative rather than a blanket rejection of the entire crypto sector.<\/p>\n<p>His comments were harsher toward other parts of the market. Referring to \u201cthe token stuff\u201d and meme coins, Cuban dismissed them as \u201cgarbage,\u201d placing speculative tokens outside the part of the market he still appears willing to treat seriously.<\/p>\n<p>At press time, BTC traded at $77,257.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-681659\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?resize=1024%2C502\" alt=\"Bitcoin price chart\" width=\"1024\" height=\"502\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=3628 3628w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=130 130w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/05\/BTCUSDT_2026-05-22_10-35-23.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mark Cuban said he has sold most of his Bitcoin, arguing that the asset failed to behave as the hedge he expected during a period of geopolitical stress and dollar weakness. Speaking on Portfolio Players by Front Office Sports, released on May 21, 2026, the billionaire investor said it had \u201clost the plot\u201d after underperforming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-94733","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/94733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94733"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/94733\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}