Michael Saylor Fires Back at Jim Cramer’s Negative Comment on Bitcoin

Jim Cramer, a CNBC television host has recently made a negative remark on Bitcoin, he posted on his X on Monday saying “Bitcoin=tough own”. 

Jim Cramer who is well known for his negative outlook towards Bitcoin made this post reflecting his unease towards the crypto. But in a brief moment, Michael Saylor, The CEO of Microstrategy and a well-known Bitcoin supporter responded with a comment saying “Bitcoin=toughest owners.”

This comment from the Microstrategy CEO was backed by the crypto community as it highlighted the resilience that Bitcoin holders possess despite major challenges that the crypto has faced along the way.

This post from Jim Cramer was not the first negative comment he made towards Bitcoin in 24 hours, before that he made a post where he expressed his doubt about Bitcoin finding its footing ( seeing a price recovery), He made this statement amid Bitcoin’s price slump, where Bitcoin’s price fell below the $40,000 price mark for the first time this year. 

Bitcoin is currently priced at $39,678.