Mark Cuban, a distinguished investor and a Shark Tank co-host, has cautiously endorsed Bitcoin as a very good 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 in regards to the present inventory market heavy decline. He assumed that now corporations might 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 possible happen however to this point, he named the world’s flagship cryptocurrency as the perfect asset to purchase within the present market circumstances: “You’ll ultimately be proper. However btc might be a greater purchase proper now.” This could possibly be a touch that corporations 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 a very good funding: “I dumped inventory earlier than the massacre and purchased crypto. I’ll purchase again in low cost to the market,” one among them mentioned.
Cuban considers issuing a meme coin
Firstly 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 may 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 cut back the $36 trillion US nationwide debt. It’s full dimension 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 “recreation of musical chairs,” warning that the potential patrons of his potential meme coin are prone to “get rekt.”
Mark Cuban is a widely known fan and holder of Dogecoin. He’s the previous proprietor of the Dallas Mavericks baseball group which offered tickets to its video games for DOGE and accepted this meme coin as fee for merchandise.
