Billionaire liquidates Bitcoin! Disappointed by the failure of the hedging narrative! Is the digital gold narrative completely broken?

Original author：加密十字路口

Original source：https://www.youtube.com/embed/lBCo2XOHyY8

Billionaire Mark Cuban said he has sold most of his Bitcoin, disappointed by the failure of the hedging narrative. 2026/05/22 News, according to CoinDesk, billionaire investor Mark Cuban said he has sold most of his Bitcoin holdings due to weakening confidence in Bitcoin as a hedge against fiat currency depreciation and geopolitical instability. Cuban said in the podcast that he was disappointed that gold rose sharply and Bitcoin fell after the outbreak of the Iran war. Bitcoin was supposed to rise when the U.S. dollar fell but did not materialize, which disappointed him. Cuban has previously called Bitcoin a better version of gold, and about 60% of his crypto portfolio is in Bitcoin. He now expresses greater disappointment with Bitcoin than Ethereum and calls most other cryptocurrencies “junk.” Cuban’s comments highlight a broader market debate over Bitcoin’s role as “digital gold.” Disclaimer: The views contained in this podcast are for communication purposes only and do not constitute any investment advice. The market is risky and investment needs to be cautious. Operate accordingly at your own risk.