Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Mark Cuban Says He Owns Less Than $500 Worth Of Dogecoin

Mark Cuban Says He Owns Less Than $500 Worth Of Dogecoin

Mark Cuban, a billionaire investor and owner of the Dallas Mavericks, baffled the crypto Twitter with claims that he holds less than $500 worth of Dogecoin.

Cuban has been a vocal proponent and supporter of the popular meme token. Many were naturally assuming that he is a DOGE whale.

But, regardless of “propping up” Dogecoin, most famously by accepting DOGE as payment for Mavs tickets and merch, his personal DOGE holdings make up just a tiny proportion of his overall net worth. Which, according to Forbes, currently comes in at $4.4 billion.

Cuban Claims He Owns Less Than $500 Worth Dogecoin

The surprising revelation came about during a Twitter thread where Cuban discussed the viability of investing in Dogecoin.

Replying to actor Joel Heyman, best known for his role in the science fiction series Red vs. Blue, Cuban said investing in DOGE makes you part of a fun community. He also took the opportunity to hit out at Bitcoin maxis in the same tweet.

“Joel. that applies to everything. Supply and demand is undefeated. But with DOGE you can spend $1 to own 333 DOGE and have fun as part of a fun community. The BTC maxis experience and do the same thing. They just have a different kind of fun. They like to yell at people.”

At the time, the DOGE price was around $0.33, it’s likely Cuban made a typo by omitting the decimal point in “333 DOGE,” intending to write 3.33.

A Twitter user by the handle @Sacamonnai dived in by asking Cuban whether he holds more BTC or DOGE. Cuban then responded by dropping the unexpected bombshell that he personally holds less than $500 in Dogecoin.

Reaction From The Community
The community response to this disclosure encompasses the full spectrum of emotions. But overall, there is a general sense of shock at the claim.

One user pointed out the paradox of pushing the Dogecoin narrative while having virtually zero exposure. This, he added, is even more unbelievable considering both Cuban, and fellow billionaire Dogecoin supporter Elon Musk, have a loyal, and arguably impressionable, following.

“Hahahahahahhahaha. There’s people that put a large percentage of their life savings into doge because of people like you and Elon and then you come out and say you owe 400 bucks worth lmao what a world.”


Another user implied Cuban had understated his holdings as a strategy to keep the SEC from prying into his personal affairs. In any case, it isn’t a big deal considering Cuban’s status and wealth means he doesn’t act per the behaviors of everyday people.

Some speculate Elon Musk has (so far) escaped SEC investigation over his infamous market-moving Dogecoin tweets because the organization never paid him.

Being paid to promote a cryptocurrency has vastly different connotations versus someone who (seemingly) has no direct financial motivation to do so.

Musk admits holding dogecoin. How much, is yet undisclosed.

Source: Mark Cuban Says He Owns Less Than $500 Worth Of Dogecoin – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
House Republicans Move to Defund OECD Over Global Tax Dispute
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
Intel Reports Revenue Beats but Sees 81% Rise in Losses
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
UK Government Considers Dropping Demand for Apple Encryption Backdoor
Japanese Man Discovers Family Connection Through DNA Testing After Decades of Separation
Russia Signals Openness to Ukraine Peace Talks Amid Escalating Drone Warfare
Switzerland Implements Ban on Mammography Screening
Pogacar Extends Dominance with Stage Fifteen Triumph at Tour de France
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
CEO Resigns Amid Controversy Over Relationship with HR Executive
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
Tulsi Gabbard Unveils Evidence Alleging Political Manipulation of Intelligence During Trump Administration
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Trump Announces Coca-Cola to Shift to Cane Sugar in U.S. Production
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Air India Pilot’s Mental Health Records Under Scrutiny
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
Moonshot AI Unveils Kimi K2: A New Open-Source AI Model
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Proposes Supplying Arms to Ukraine Through NATO Allies
US Opens First Rare Earth Mine in Over 70 Years in Wyoming
Bitcoin Reaches New Milestone of $116,000
Severe Heatwave Claims 2,300 Lives Across Europe
Declining Beer Consumption Signals Cultural Shift in Germany
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
Western Europe Records Hottest June on Record
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
×