Mark Cuban Says Bitcoin Has Lost the Plot

Added: 2026-05-23

[00:00:00]Billionaire investor and former Dallas Mavericks owner, Mark Cuban, shared a notable perspective on Bitcoin in an interview published on May 21st, 2026.

[00:00:08]Speaking with Front Office Sports Editor-in-Chief, Dan Roberts, Cuban stated that Bitcoin has lost the plot.

[00:00:14]He revealed that he has sold most of his holdings in the asset. Cuban had previously argued that Bitcoin could serve as a store of value under certain macroeconomic conditions. In the interview, he stated that every time the dollar dropped, Bitcoin should have risen, describing it as not the hedge he expected it to be. Cuban also noted that the industry is now actively shaping crypto legislation through lobbying efforts and a crypto political action committee.