Jim Cramer on Strategy Inc: “That’s Simply Become a Leveraged Bet on Bitcoin Itself”

Strategy Inc (NASDAQ:MSTR) is one of the stocks on Jim Cramer’s radar. Cramer highlighted the company’s debt to buy Bitcoin. He stated: “I want you to understand that Bitcoin has a peculiar, almost unknown hold, maybe I should say choke hold, on much of the market because as I painstakingly detailed in this weekend’s investing club think piece, if you add up all the crypto derivatives, it makes up a surprisingly substantial chunk of the entire stock market. Unlike equities, there’s a bet the farm aspect t ...