Former hedge fund manager and CNBC “Mad Money” host Jim Cramer said he plans to sell all his Bitcoin, citing fears about quantum computing.
Cramer cites quantum warning
Cramer made the remarks during a Friday Mad Money episode, referencing concerns IBM Chairman and CEO Arvind Krishna raised on his show the previous day.
During Thursday’s episode, Krishna told Cramer he should get “paranoid” about quantum computing’s threat to cryptocurrencies over the next three to four years.
Cramer said plainly:
“I’m going to sell mine.”
Bitcoin’s price was up roughly 1.7% on Tuesday, trading above $63,500, though it remained down 27% year-to-date.
Inverse Cramer meme returns
Some investors welcomed the news, invoking the popular “inverse Cramer” philosophy that seeks to profit by doing the opposite of his calls.
GRIT Trading Academy founder Archie Spencer commented:
“If Cramer is selling, it’s time to start buying.”
Pseudonymous investor Bitcoin & Barbells added that they add to their position every time Cramer says sell, calling the inverse Cramer index “undefeated” since 2018.
Whales sell as liquidity dries up
Meanwhile, large investors are trimming holdings as market liquidity thins.
On Monday, whale wallet ‘bc1qpt’ moved its entire 16,400 Bitcoin, worth about $1 billion, to a new address after seven months of inactivity, according to Lookonchain.
Daily trading across the leading 44 spot exchanges fell to $15 billion last week, the lowest level of 2026, per Kaiko data. The Kobeissi Letter called it a 70% decline from January peaks.
Industry watchers remain split on the quantum timeline, with Blockstream’s Adam Back seeing no meaningful threat for 20 to 40 years, while Bernstein analysts estimate three to five years.
