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 firms 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 ultimately these purchase backs will doubtless happen however thus far, he named the world’s flagship cryptocurrency as the very best asset to purchase within the present market circumstances: “You’ll ultimately be proper. However btc might be a greater purchase proper now.” This might be a touch that firms ought to observe 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 ultimately 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,” considered one of them mentioned.
Cuban considers issuing a meme coin
At first of the 12 months, 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 can 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 measurement now has reached a mind-blowing $36,217,970,799,609.
He mentioned that such meme cash as DOGE and SHIB have succeeded as a result of they’re “neighborhood 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 consumers of his potential meme coin are prone to “get rekt.”
Mark Cuban is a well known fan and holder of Dogecoin. He’s the previous proprietor of the Dallas Mavericks baseball staff which bought tickets to its video games for DOGE and accepted this meme coin as fee for merchandise.
