Jim Cramer: ‘Question whether Strategy has capacity for additional buying’

Source

Uk Jin

Summary

With Bitcoin (BTC) showing weakness, Jim Cramer was reported to have delivered a pointed rebuke to Bitcoin bulls.
Cramer said Bitcoin needs to use $77,000 as a base and recover to at least $83,000 by Feb. 7.
He was reported to have questioned Strategy’s additional Bitcoin buying and whether Saylor still has funds left.

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With Bitcoin (BTC) showing weakness, U.S. business TV host Jim Cramer delivered a pointed rebuke to Bitcoin bulls.

On the 2nd (Korea time), Cramer wrote on X (formerly Twitter), “(Given Bitcoin’s decline) I wonder where Strategy founder Michael Saylor and his followers are,” adding, “Bitcoin needs to use $77,000 as a base and recover to at least $83,000 by Feb. 7.” He went on to say, “I’m curious whether Saylor still has funds left.”

The previous night, Saylor, chairman of Strategy, hinted at additional Bitcoin purchases by Strategy in a post on X.

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