Mark Cuban dumps most of his Bitcoin after it failed to hedge against geopolitical risk!

Billionaire investor Mark Cuban has sold the majority of his Bitcoin holdings, citing the cryptocurrency's failure to act as a hedge during recent geopolitical tensions involving Iran and a weakening U.S. dollar. The move marks a significant shift for one of crypto's most prominent mainstream advocates.

Cuban said he remains more constructive on Ethereum, while dismissing most of the broader crypto market as "garbage." His portfolio had previously been anchored in Bitcoin and Ethereum, making the Bitcoin exit a notable reallocation signal from a high-profile name.

The comments land at a sensitive moment for the Bitcoin-as-digital-gold narrative — a thesis that has faced repeated stress tests during risk-off episodes, with BTC continuing to trade more like a risk asset than a safe haven in the eyes of macro-oriented investors.