Mark Cuban Confirms Investment in Bitcoin, Rejects Jamie Dimon

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In an interview with Bloomberg’s Emily Chang at the Vanity Fair New Establishment Summit in Los Angeles, billionaire investor and Dallas Mavericks owner Mark Cuban reaffirmed his investment in bitcoin. For many months, Cuban had hinted at plans to invest in bitcoin and other cryptocurrencies. On October 3, Cuban confirmed that he had purchased bitcoin through the Swedish bitcoin exchange-traded fund (ETN) XBT Provider, which is traded on Nasdaq Nordic. XBT Provider is the same bitcoin ETN provider which JPMorgan clients used to invest in bitcoin. In September, it was revealed by bitcoin developer Andrew DeSantis and prominent bitcoin trader IamNomad

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