Billionaire investor Mark Cuban says he has sold most of his bitcoin holdings, citing disappointment with how the cryptocurrency has performed during recent periods of geopolitical stress and U.S. dollar weakness. Cuban’s remarks, reported by CoinDesk and Decrypt, indicate that he concluded bitcoin was not behaving as a hedge in the way he expected. In both accounts, Cuban frames his decision as the result of a reassessment of bitcoin’s role in his portfolio rather than a single triggering event. He says he has “parted ways” with most of his BTC and describes the outcome as failing to meet his expectations regarding hedging characteristics. The reports do not provide specific transaction dates, the exact amount sold, or remaining holdings, but they agree on the core point: Cuban sells down after determining bitcoin did not respond as a hedge during the relevant market conditions. The outlets present Cuban’s statements without confirming additional details beyond his stated rationale.