January 30, 2025
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Jim Kramer advised to buy bitcoin instead of Microstrategy shares

It is better to buy bitcoin than Microstrategy shares. Former Cramer & Co’s Hedge Fund and the Mad Mad Money show Jim Kramer gave this advice, The Block writes. “If you want to keep the first cryptocurrency, keep. I have digital gold. […] This is a wonderful asset that should be in the portfolio. Not microstrategy, ”he explained. January 21 to 26 […]”, – WRITE: Businessua.com.ua

Jim Kramer advised to buy bitcoin instead of Microstrategy stocks - Infbusiness

It is better to buy bitcoin than Microstrategy shares. Former Cramer & Co’s Hedge Fund and the Mad Mad Money show Jim Kramer gave this advice, The Block writes.

“If you Want to keep the first cryptocurrency, keep. I have digital gold. […] This is a wonderful asset that should be in the portfolio. Not microstrategy, ”he explained.

From January 21 to January 26, the mentioned company purchased 10 107 BTC at ~ $ 1.1 billion an average of ~ $ 105 596, increasing the bitcoin reserves to 471 107 BTC.

Since August 2020, Microstrategy has invested in the first cryptocurrency $ 30.4 billion, the average purchase price was ~ $ 64 511 per coin.

Microstrategy accounts for 76% of Bitcoin Reserves of Public Companies and 2.24% of digital gold offer.

BTC-ETF issuers purchased 1.325 million BTC (6.3%). Almost half of this value is contained on the IBIT wallet from Blackrock.

Jim Kramer advised to buy bitcoin instead of Microstrategy stock-Infbusiness

We will remind, in March 2024 the media reminded of unfulfilled Kramer forecasts. Previously, the presenter called Bitcoin fraud and recommended to sell it when the price reached $ 24,000.

The episode of spring last year was no exception, when Kramer doubted the continuation of digital gold.

In December, another known in the past as the skeptic of the first cryptocurrency billionaire Ray Dalio called the asset “solid money”. A year earlier, the expert confessed that he possesses bitcoin, but prefers gold.

The gun

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