Mark Cuban says Silicon Valley support for Trump is 'bitcoin play'

Television personality and investor Mark Cuban said Wednesday that Silicon Valley’s recent wave of support for former President Trump could be a “play” to boost bitcoin. 

Cuban, the pro-crypto billionaire who has backed President Biden’s bid for reelection, argued that the potential inflationary impacts of lower taxes and higher tariffs under a second Trump presidency could drive up the price of bitcoin.  

“Here is a contrary opinion on the emergence of Silicon Valley support for former President Trump.