Reverse Indicator Another Recommendation from Cramer: Yes to Bitcoin, No to MicroStrategy - Coin Bulletin

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Former hedge fund manager Jim Cramer, speaking on CNBC's popular show Mad Money, directly advises investors to own Bitcoin (BTC), while also suggesting to stay away from the shares of MicroStrategy, the world's largest Bitcoin investor.

In response to a viewer's question, Cramer said, 'Own Bitcoin, it's a great investment.' However, he concluded his speech with a short comment, saying, 'But not MicroStrategy,' without explaining the reason for this advice.

The Connection Between MicroStrategy and Bitcoin

MicroStrategy is currently the largest holder of BTC in the world with 417,107 Bitcoin. The value of the company's Bitcoin holdings exceeds $48 billion at current prices. Cramer's comment contradicts the company's strategy based on Bitcoin assets.

"Inverse Cramer" Theory

Cramer's investment advice often moves in the exact opposite direction, giving rise to the humorous theory among investors known as the "Inverse Cramer" concept. Even a short-lived Inverse Cramer ETF was launched in 2022, but the fund closed in early 2024.

In January 2024, Cramer suggested that Bitcoin prices may have peaked and advised investors to exit. However, Bitcoin has since gained over 100 percent in value.

BTC0.55%
POP-13.82%
MAD-1.02%
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ThisNameIsVeryAuspicious.vip
· 01-28 09:17
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