For years, Mark Cuban was one of crypto’s most high profile evangelists. After overcoming his initial skepticism, the billionaire entrepreneur and Shark Tank shark became something of a crypto fanatic, saying in 2021 that he spent 3-4 hours per day reading about the industry and brokering partnerships between crypto ventures and his Dallas Mavericks. Now, though, Cuban has become disillusioned. In a recent interview, he called crypto “disappointing” and complained that Bitcoin had “lost the plot.”
In a clip posted by Front Office Sports editor-in-chief Daniel Roberts, Cuban—who once said his portfolio included 60% Bitcoin, 30% Ethereum, and 10% of a smattering of smaller tokens—said he sold “most of” his Bitcoin.