CNBC host Jim Cramer says he’s “won,” cashing out half of his Bitcoin portfolio to pay off his mortgage, stating that it’s “phoney money paying for real money.”
Business TV personality and converted Bitcoin proponent Jim Cramer has sold half of what he calls his “phoney money” Bitcoin portfolio to pay off his mortgage..@jimcramer discloses that he bought a lot of bitcoin when it was around $12K. He says he sold half of it to pay off his mortgage yesterday. “It was like phony money paying for real money… I think I won.” https://t.co/L909N1g6x0 pic.twitter.com/hfkzTmIdWl— CNBC (@CNBC) April 15, 2021
During Thursday’s broadcast of “Squawk on the Street,” co-anchor Jim Cramer revealed that he’s “decided to become an apostate,” by selling off half of his Bitcoin holdings to pay off his home. Cramer, who also hosts Mad Money, said that he bought a lot of Bitcoin at $12,000 because he thought it wa