Jim Cramer prefers BTC over MicroStrategy stock: Bitcoin is the winner
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Odaily Planet Daily Report: CNBC "Mad Money" host Jim Cramer shared his views on and MicroStrategy stock (MSTR) this week. During the program, a caller told Cramer: "I've been holding this stock since 2023, and it's up over 1,000% now. I'm not going to sell it. In fact, after the recent adjustment, I plan to buy more." Cramer commented: "I have to tell you, this is the game. I prefer to actually own ." He also mentioned that Citron has recently taken some kind of short position on it, and suggested: "I can only tell you, own . That's the winner." A few days ago, the short-selling institution Citron Research posted on the X platform that as investment has become easier than ever before (you can now buy ETFs, COIN, and HOOD), MicroStrategy's trading volume has completely deviated from the fundamentals of . Although Citron is still bullish on , we have already hedged by taking a short position on MicroStrategy. Citron said that they pay tribute to Michael Saylor's foresight and strategy, and they also have great respect for him, but even Michael Saylor knows that MicroStrategy is now overheated.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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