Jim Cramer Advocates Owning Bitcoin, Not MicroStrategy
- Jim Cramer recommended owning bitcoin but not MicroStrategy on a recent segment.
- MicroStrategy holds over 417,107 bitcoins, valued at over $48 billion.
- Cramer’s investment advice often leads to opposite market reactions.
- The “Inverse Cramer” theory led to the creation of an ETF in 2022.
- Bitcoin’s value has increased by more than 100% since January 2024.
Jim Cramer advised investing in bitcoin directly rather than through MicroStrategy, which holds over $48 billion worth of the cryptocurrency. Despite his past predictions, bitcoin has surged over 100% since early this year.
Source (2.6)https://www.coindesk.com/markets/2025/01/28/jim-cramer-says-own-bitcoin-not-microstrategy-in-latest-mad-money-segment?rand=52298
