Mark Cuban said on Sunday that he personally ownsdogecoin worth only $500.- The billionaire recently said dogecoin's community makes it the strongest medium of exchange.
- Cuban said in May that he and his son owned 3,250 dogecoins, worth about $1,700 at the time.
Mark Cuban disclosed that he owns less than $500 worth of $4, despite praising the cryptocurrency as the strongest medium of exchange.
The billionaire investor and "Shark Tank" star has previously said his NBA team, the Dallas Mavericks, is the meme-inspired token's $4 after it began accepting dogecoin as payment for tickets and merchandise.
"The Mavs have what we sold in merch," he said $4 on Sunday. "I personally own $494 worth of
Cuban was responding to a Twitter user who $4 whether the billionaire's portfolio includes more of dogecoin, or $4. He has a net worth of $5.8 billion, according to the $4.
The entrepreneur told CNBC Make It only last week that dogecoin is the strongest cryptocurrency because of its community, a claim $4. "The community for doge is the strongest when it comes to using it as a medium of exchange," Cuban said.
He thinks bitcoin is better as a $4, rather than a currency. Yet, he said in a $4 that his
The tech billionaire has $4 through a lifetime of business deals, including the $5.7 billion sale of his streaming site Broadcast.com, and his ownership of the Mavericks.
"Between the Mavs and my personal account, its let than $15k in DOGE," he $4 on Sunday, suggesting his team hasn't sold too much merchandise in exchange for dogecoin.
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Earlier this year, Cuban said he and his 11-year-old son owned $4 that were worth about $1,700 at the time. Dogecoin was then trading around 50 cents per coin, but has plunged 34% since then to around 33 cents as of Monday. Still, the cryptocurrency is up about 7,000% so far this year, according to data from $4.
If Cuban and his son still owned 3,250 dogecoins, their holdings would be worth about $1,100. The investor's latest disclosure suggests either they sold some coins, or Cuban isn't counting his son's coins in his calculation.
Cuban has also said Amazon and Netflix are his biggest holdings, with "close to a billion dollars" in Amazon stock alone. He was asked on Twitter why he chooses to only cheer dogecoin, and not his other investments.
"I don't pump anything other than Mavs merch," he $4. "BUT, the DOGEsphere is fun. Their memes are great. They have fun. They make fun of themselves. It's fun to be part of."