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  • Mustafa Mulla
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    Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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Mad Money Host Jim Cramer Says Buy Bitcoin, But Avoid MicroStrategy

Jim Cramer, the host of CNBCโ€™s Mad Money, recently advised investors to own Bitcoin (BTC) instead of its largest public holder, MicroStrategy. Responding to a caller, Cramer stated, โ€œI own Bitcoin, and you should too. Itโ€™s a great asset for your portfolio.โ€ However, he dismissed MicroStrategy without offering specific reasons. MicroStrategy currently holds over 417,107 BTC, worth more than $48 billion. Interestingly, Cramerโ€™s predictions often inspire the opposite outcome, leading to the humorous โ€œInverse Cramerโ€ theory. Earlier this year, he predicted Bitcoin would top out, but the asset has since surged by over 100%.

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