Mark Cuban, a outstanding investor and a Shark Tank co-host, has cautiously endorsed Bitcoin as an excellent funding now that the inventory market is crashing.
“BTC is the higher purchase proper now”
A number of hours in the past, investor and crypto proponent Cuban started a dialogue on his X account by publishing a tweet concerning the present inventory market heavy decline. He assumed that now corporations could start to purchase again their very own inventory at low cost costs.
One of many commentators responded to that, exclaiming: “Bullish.” Cuban replied that finally these purchase backs will seemingly happen however thus far, he named the world’s flagship cryptocurrency as the perfect asset to purchase within the present market circumstances: “You’ll finally be proper. However btc might be a greater purchase proper now.” This could possibly be a touch that corporations ought to comply with the instance of Michael Saylor’s Technique and begin accumulating Bitcoin with their spare money. Metaplanet in Japan is already following Technique’s playbook.
You’ll finally be proper. However btc might be a greater purchase proper now.
— Mark Cuban (@mcuban) April 5, 2025
Another X customers responded to Cuban, supporting his thought of cryptocurrency as an excellent funding: “I dumped inventory earlier than the massacre and acquired crypto. I’ll purchase again in low cost to the market,” certainly one of them stated.
Cuban considers issuing a meme coin
Initially of the yr, Mark Cuban, maybe jestingly, tweeted that he was contemplating launching his personal meme cryptocurrency. That occurred quickly after US President Donald Trump and his spouse launched their meme cash TRUMP and MELANIA.
Cuban tweeted that he would possibly launch his personal meme coin however there could be a nuance to it – he would ship all of the revenues from his coin gross sales to the US Treasury to assist scale back the $36 trillion US nationwide debt. It’s full dimension now has reached a mind-blowing $36,217,970,799,609.
He stated that such meme cash as DOGE and SHIB have succeeded as a result of they’re “group takeovers.” Nonetheless, Cuban then additionally doubled down on his earlier opinion that it’s “playing” and a “sport of musical chairs,” warning that the potential patrons of his potential meme coin are more likely to “get rekt.”
Mark Cuban is a well known fan and holder of Dogecoin. He’s the previous proprietor of the Dallas Mavericks baseball crew which bought tickets to its video games for DOGE and accepted this meme coin as cost for merchandise.
