Jim Cramer Says He Plans to Sell All His Bitcoin on Quantum Computing Fears
Summary
- Jim Cramer said he plans to sell all of his Bitcoin (BTC) holdings because of advances in quantum computing.
- He said quantum computing could overtake the Bitcoin market within three years and that everyone should be alert to the risk.
- It has not been publicly disclosed whether Cramer actually owns Bitcoin. The size of any holdings and wallet addresses also have not been made public.
Forecast Trend Report by Period
CNBC "Mad Money" host Jim Cramer plans to sell all of his Bitcoin holdings because of advances in quantum computing, Crypto Briefing reported on Aug. 3.
On a live broadcast, Cramer said he expects quantum computing to overtake the Bitcoin market within three years. Everyone should be alert to that risk, he added.
It has not been publicly disclosed whether Cramer actually owns Bitcoin. The size of any holdings and wallet addresses also have not been made public.
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