Mark Cuban says he sold roughly 80% of his Bitcoin after gold hit $5,000, calling it 'not the hedge I expected it to be.

Mark Cuban says he sold roughly 80% of his Bitcoin after gold hit $5,000, calling it 'not the hedge I expected it to be.

Mark Cuban says Bitcoin failed as a hedge during recent market stress, prompting him to sell most of his holdings.

Mark Cuban sold 80% of his Bitcoin after it underperformed during the US-Iran crisis. Gold hit $5,000 while BTC dropped, challenging his hedge thesis.