Cramer Advocates for Bitcoin Reserve

CNBC host Jim Cramer claims that Strategy co-founder Michael Saylor needs a strategic Bitcoin reserve for protection.

Cramer likened the proposed cryptocurrency reserve to the existing Strategic Petroleum Reserve (SPR), which aims to mitigate energy market disruptions. He believes that such a reserve can help Saylor safeguard his wealth.

According to reports from U.Today, Saylor has consistently pushed for a Bitcoin reserve, suggesting that replacing gold with Bitcoin could benefit U.S. geopolitical interests.

Bitcoin as a Stock Indicator

Cramer suggests monitoring Bitcoin as a way to gauge declines in various stocks. He commented, “It’s the usual ‘break Mister’ – otherwise known as the MicroStrategy game at work.”

Additionally, Strategy shares have risen over 2% in the last 24 hours.