Jim Cramer, the well-known CNBC host and former hedge fund manager, has confirmed that he is now actively buying Bitcoin. The surprising revelation came during a live broadcast of Squawk on the Street. Cramer explained that his growing concerns over the ballooning U.S. deficit have shifted his stance on digital assets.
According to Cramer, the $37 trillion U.S. national debt is a significant factor driving his decision. He stated that he is purchasing Bitcoin not only for its investment value but also as a safeguard for future generations. “I want to own it for my kids,” he told co-host David Faber during the segment.
Cramer, once a vocal critic of cryptocurrencies, now admits he is buying “a lot” of Bitcoin. His shift reflects increasing institutional interest in Bitcoin as a potential store of value amid growing fiscal uncertainty in the United States. His remarks were made as discussions intensified around a new tax and spending bill that some fear could worsen the existing debt crisis.
The influence behind Cramer’s transformation has also been linked to Bitcoin advocate Anthony Pompliano. The crypto commentator has played a key role in reshaping Cramer’s view on digital assets. Cramer credited Pompliano with helping him understand Bitcoin’s long-term potential as a hedge against economic instability.
Growing Interest in Digital Assets Amid National Debt Concerns
Cramer’s comments underscore a wider trend among traditional investors who are beginning to view Bitcoin differently. With inflation pressures mounting and national debt reaching historic levels, some view decentralized assets as a viable alternative to conventional holdings.
Although Cramer did not disclose specific amounts, his claim of buying “a lot” has sparked renewed interest within both financial and crypto communities. His decision signals a growing awareness that long-term fiscal challenges may require new approaches to wealth preservation.
The timing of Cramer’s announcement is significant. As federal debt levels rise and economic confidence remains fragile, digital assets like Bitcoin are gaining attention from voices that once dismissed them.
Conclusion
Jim Cramer’s transition from a Bitcoin skeptic to a vocal supporter highlights how shifting economic conditions are changing investment mindsets. His decision to stack Bitcoin, driven by concerns over national debt, adds to the growing momentum behind digital assets as part of modern financial strategy.
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