Mad Money host Jim Cramer says 'you should own Bitcoin' instead of MicroStrategy
Quick Take When asked about buying MicroStrategy stock, Mad Money host Jim Cramer recommended simply owning Bitcoin. Cramer has come about to Bitcoin after being skeptical of it in the past.

Mad Money host Jim Cramer told his audience to buy Bitcoin over MicroStrategy on the latest episode of his show.
"If you want to own Bitcoin, own Bitcoin," Cramer said on Mad Money. "I own Bitcoin, you should own Bitcoin, Bitcoin is a great thing to have in your portfolio but not MicroStrategy, that's enough."
While buying Bitcoin or a Bitcoin ETF gives direct exposure to the cryptocurrency, MicroStrategy shares are more of a proxy that can correlate at times to the changing value of Bitcoin but in an indirect way. This is because the company owns 471,107 BTC, worth over $46 billion — making the value of the company somewhat tied to it. Yet MicroStrategy's shares can be affected by other factors beyond the cryptocurrency's volatility, making them more of a complex investment.
Cramer has had a love-hate relationship with crypto over the years. In December 2022, following the collapse of FTX, Cramer said that he had sold all of his cryptocurrency and that he wouldn't "touch crypto in a million years." In October 2023, he followed this up by saying he thought "Mr. Bitcoin" was about to go down big , saying he couldn't be invested in something that was set to decrease in value.
Yet by January 2024, he touted Bitcoin's "remarkable comeback," and said that it can't be killed. "It's a reality, and it's a technological marvel, and I think people have to start recognizing that it's here to stay. The SEC's been against it almost the whole time," he said on CNBC.
As for Bitcoin, it's hovering just above the $100,000 mark after a price drop yesterday as Nividia shares suffered in the wake of interest in Chinese AI project DeepSeek — bringing down the rest of the market. MicroStrategy for its part remains similarly near all-time highs at a current price of $347.92 in pre-market trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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