CNBC's Jim Cramer urged investors earlier in the week to own bitcoin (BTC-USD) rather than betting on Michael Saylor's MicroStrategy (MSTR) as a proxy for bitcoin exposure.
CNBC's “Mad Money” host Jim Cramer on Tuesday publicly endorsed Bitcoin (CRYPTO: BTC), urging investors to include the cryptocurrency in their portfolios. During a segment on Tuesday, Cramer stated, “If you want to own Bitcoin,
Jim Cramer advised investors to own Bitcoin directly instead of MicroStrategy (MSTR), despite MSTR’s 560% increase in 2024.
Jim Cramer advised owning Bitcoin but not MicroStrategy, the largest public holder of Bitcoin with $48 billion worth. Cramer's picks often move inversely in the long term, with a humorous "Inverse Cramer" theory and ETF created in 2022.
Cramer said that bitcoin was likely topping out and called for an exit. The asset has surged more than 100% since.
CNBC's Jim Cramer has told audiences to own Bitcoin over investing in Virginia-based Bitcoin treasury firm MicroStrategy.
Jim Cramer supports owning Bitcoin as a key asset in a diversified portfolio, advising against investing in MicroStrategy shares.
'Mad Money' host Jim Cramer weighs in on stock including: Danaher, Coterra, Grail, BlackRock, Digital Realty Trust, Coterra, and Microstrategy.
Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.