Jim Cramer Tells Investors to Opt for Bitcoin Instead of MicroStrategy

On a recent Mad Money segment, Jim Cramer, the well-known former hedge fund manager, shared his view on bitcoin (BTC), advising investors to own the asset directly, but not through its largest public holder, MicroStrategy.

“Bitcoin is an incredible asset to include in your portfolio,” Cramer said. “I own bitcoin, and I believe everyone should own bitcoin if they want exposure to it.”

However, when it came to MicroStrategy, Cramer was firm: “But not MicroStrategy,” he stated, leaving his reasons unclear.

MicroStrategy, the biggest corporate holder of bitcoin, holds more than 417,000 BTC, valued at over $48 billion at current prices. Despite Cramer’s warning against the company, it may not deter MicroStrategy supporters, as Cramer’s opinions often have an inverse effect on stock and crypto movements.

This isn’t the first time Cramer’s views on bitcoin have sparked attention. In January 2024, he predicted that bitcoin was likely peaking and advised investors to sell, only for the cryptocurrency to increase by over 100% since then.

As of Monday, BTC was trading above $103,000, up 4% from the previous day, continuing its upward trajectory despite Cramer’s comments.