Jim Cramer advised to buy Bitcoin instead of MicroStrategy shares

From January 21 to 26, the mentioned company purchased 10,107 BTC for ~$1.1 billion at an average of ~$105,596, increasing its Bitcoin reserves to 471,107 BTC.

Since August 2020, MicroStrategy has invested $30.4 billion in the first cryptocurrency, the average purchase price was ~$64,511 per coin.

MicroStrategy accounts for 76% of public company Bitcoin reserves and 2.24% of the digital gold supply.

BTC-ETF issuers purchased 1.325 million BTC (6.3%). Almost half of this amount is held in BlackRock's IBIT wallets

#MicroStrategyAcquiresBTC