#Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value
Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. âI do feel that the demand is going to exceed the number of people selling,â he explained, adding that bitcoin is âa great store of value.â
Mark Cuban Explains Why He Invests in Bitcoin
Billionaire investor Mark Cuban shared why he invests in bitcoin on CNBC Monday. Cuban is a Shark Tank star and a minority owner of the National Basketball Association (NBA) team Dallas Mavericks.
When asked how much of his portfolio is in cryptocurrency, Cuban replied: âI donât even know how much, but itâs happy. Bitcoin, in particular. Ether ⌠ETH to a smaller extent.â He explained: âBitcoin is just driven by supply and demand. Thereâs only going to be 21 million of them
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