Billionaire Mark Cuban is still putting his faith in Bitcoin (BTC) saying he wants the price to keep going down.
Speaking on the 'Club Random' podcast with comedian Bill Maher, Mark Cuban said BTC needs to drop further so he can buy more of it.
The owner of the NBA Dallas Mavericks even downplayed gold investment saying it was not worth it and he preferred digital assets.
BTC is currently trading at around $16,870, around 75% lower than the all-time high of $69,044 recorded last year.
Gold, on the other hand, fared much better, only declining about 13% from its all-time high of $2,075 reached in August 2020.
When Maher argued that the crypto king isn't worth buying because it's not backed by anything, Cuban countered by saying that owning shares in 90% of the companies out there isn't worth it either.
Cuban has been a critic of crypto but now his NBA team accepts cryptocurrency for tickets and merchandise. In 2021, it became the first basketball team to accept Dogecoin.
