Jim Cramer reconsiders BTC support after MicroStrategy sale

Jim Cramer, host of CNBC's Mad Money, has stated that he feels the need to reconsider his pro-Bitcoin stance following MicroStrategy's (MSTR) sale of 32 BTC last week. In a post on X, he noted that MicroStrategy has served as a key pillar of support for Bitcoin for years, adding that while some have claimed this is manipulation, he believes that is an overstatement. Cramer is a figure often derided in the stock and crypto communities as a "human indicator" for making market predictions that prove to be incorrect.