Former hedge fund manager Jim Cramer advised viewers of CNBC's Mad Money to own bitcoin but not MicroStrategy, the largest public holder of the cryptocurrency. Cramer suggested that owning bitcoin is a good decision for investors, but did not provide any specific reasoning for his exclusion of MicroStrategy. It is worth noting that Cramer's past investment picks have often moved in the opposite direction in the long term, and he has a history of making calls that are inversely related to market trends. Additionally, a humorous internet theory known as "Inverse Cramer" has sparked the creation of an Inverse Cramer ETF in the past. In January 2024, Cramer stated that bitcoin was likely reaching its peak and advised investors to exit the market, but since then, the asset has increased by over 100%. Bitcoin was trading at around $103,000, showing a 4% increase since the previous day.



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