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Neil Jacobs reports that billionaire Mark Cuban has sold most of his Bitcoin holdings, stating that the cryptocurrency has "lost the plot."
Cuban's decision signals a notable shift in his stance toward Bitcoin, reflecting changing sentiment among some high-profile investors.
Earlier this year, Neil Jacobs encouraged investors to hold onto their Bitcoin despite volatility. He argued that long-term success depended on maintaining positions. Jacobs has also reported that gold sellers may have their last window to exit positions as the market outlook shifts.