Own Bitcoin, Not MicroStrategy: Jim Cramer Gives Bold Investment Tip

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The cryptocurrency assemblage has been looking profoundly into the Bitcoin (BTC) marketplace arsenic the plus has been exhibiting volatility. During the last week of January, the king coin was seen slipping beneath the $100,000 mark. Amidst this, CNBC’s Mad Money big dropped a bullish conception astir the world’s largest cryptocurrency, sending astir of its investors into panic mode.

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“You Should Own Bitcoin”

During his caller conception connected the Mad Money show, Cramer was seen urging the assemblage to clasp BTC. Speaking to a caller connected his amusement helium said,

“If you privation to ain Bitcoin, (you) ain Bitcoin. I ain Bitcoin, you should ain Bitcoin. Bitcoin is simply a large happening to person successful your portfolio.”

JUST IN: Jim Cramer says "you should ain Bitcoin, Bitcoin is simply a large happening to person successful your portfolio." pic.twitter.com/HQFhRg4bpa

— Watcher.Guru (@WatcherGuru) January 28, 2025

While this doesn’t travel arsenic a large astonishment to the community, helium reportedly ended the telephone asking the caller not to bargain MicroStrategy. He said, “But not MicroStrategy.” This near the marketplace successful uncertainty arsenic Cramer did not elaborate connected this comment. It should beryllium noted that Michael Saylor’s MicroStrategy is 1 of the biggest holders of the king coin. The steadfast presently owns much than 417,107 Bitcoin.

Also Read: Cardano: Will The ADA Cryptocurrency Surge oregon Plunge?

Is BTC a Victim of the ‘Inverse Cramer’ Effect Yet?

The improvement of a little Inverse Cramer ETF successful 2022 was prompted by a hilarious net thought called “Inverse Cramer.” As a awesome often linked to inverse bets, Jim Cramer’s selections often negociate to determination successful the other absorption implicit the agelong run. This caused the assemblage to wonderment if Bitcoin would grounds a downfall. On the contrary, the king coin was seen rising.

At the clip of writing, Bitcoin was trading astatine $102,750.77 pursuing a astir 4% emergence implicit the past 24 hours. It should beryllium noted that BTC dropped to a debased of $97,795.94 earlier today. But the plus has intelligibly recovered and is acceptable to determination upwards.