Jim Cramer on Strategy Inc: “That’s an Insane Amount of Risk”
Strategy Inc (NASDAQ:MSTR) is one of the stocks Jim Cramer recently offered insights on. Cramer explained why he does not want people to own the stock, as he said: “There’s Strategy, formerly MicroStrategy, an agglomeration of crypto that public documents indicate owns about 3% of all Bitcoin, a huge holding and finances that investment with more than $8 billion in debt. That’s an insane amount of risk. JPMorgan this morning talked about how Strategy may get booted from some indices because it’s basically ...