According to Decrypt, CNBC host Jim Cramer said on the show that he would rather hold Bitcoin directly than invest in MicroStrategy and called it a "winner."
Cramer once bought farms and ships by selling Bitcoin and Ethereum in 2022. In January of this year, he called Bitcoin a "technological miracle" and said its resilience under regulatory pressure was amazing.
Although Cramer’s praise for Bitcoin has been seen as a bear market harbinger, he has suggested that companies hold Bitcoin as a reserve asset. MicroStrategy currently holds 331,200 Bitcoins, worth $32 billion.
