Ah, Jim Cramer. The man, the myth, the market-moving legend. This time, he’s come to the rescue of Michael Saylor, co-founder of Strategy, with an audacious suggestion: a *strategic Bitcoin reserve* (because why not?). Apparently, Cramer believes that Saylor could use a cushion of crypto to avoid the terrifying possibility of a financial face-plant. You know, just in case things get messy.
In a truly dazzling comparison, Cramer likens the Bitcoin reserve to the nation’s *strategic petroleum reserve*—you know, the thing that’s supposed to save us when the oil market does its thing. Except, of course, Saylor isn’t fighting energy shortages—he’s battling the wild volatility of the digital realm. But hey, who’s counting?
But let’s be real here: Cramer, the CNBC oracle, thinks that Saylor’s fortune needs a little *protection*, a buffer, an insurance policy. You see, Saylor’s wealth is swimming in a sea of Bitcoin, and one wave too many could make the whole thing go *poof*—so why not stash a little extra crypto for a rainy day?
Now, Saylor, ever the crypto evangelist, has been singing the praises of a Bitcoin reserve for a while. He’s even gone as far as to suggest that if America ditched gold for Bitcoin, they’d be living the geopolitical dream. He’s been talking about it like it’s a national treasure. Move over, Fort Knox!
The “Golden” Indicator: Bitcoin and Stocks
Hold your horses, because it gets better. According to Cramer’s brilliant analysis (hold the applause), Bitcoin is not just for the moonboys and hodlers. No, no. He suggests that by following Bitcoin’s movements, one can predict the inevitable decline of certain stocks. How’s that for foresight? You better buckle up.
And then, in the classic Cramer fashion, we get this gem: “It’s the usual ‘break Mister’—otherwise known as MicroStrategy game at work.” You can almost hear the sneer as he delivers this line. Oh, the humanity.
But fear not, dear reader, because despite the dramatic antics, Saylor’s stock in Strategy is up—more than 2% in the last 24 hours. Bravo! The crypto circus continues.
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2025-02-28 21:50