“Mad Money” host Jim Cramer startled Bitcoin investors Friday, panicking swaths of investors on Crypto Twitter after the former crypto skeptic issued a bullish call.

Fielding a question from a Florida-based investor during the show’s Lightning Round Thursday, Cramer said that the Bitcoin-buying firm MicroStrategy is a less attractive investment than Bitcoin itself, from his occasionally dubious perspective.

“I’ve got to tell you it’s a Bitcoin play—I prefer to actually own Bitcoin,” Cramer said of MicroStrategy, noting that the influential investment firm Citron Research disclosed a short position in the firm this week. “All I can tell you is, own Bitcoin. That’s a winner.”

Cramer, who said that he bought a farm and boat by selling his Bitcoin and Ethereum holdings in 2022, flipped bullish on Bitcoin earlier this year. In January, he
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Author: André Beganski