Jim Cramer Confirms Profits from $BTC and $ETH Paid for a Farm and a Boat Respectively

On Friday (October 7), former hedge fund manager Jim Cramer talked about his gains from crypto trading.

Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“. He is also a co-anchor of CNBC’s “Squawk on the Street“, as well as a co-founder of financial news website TheStreet.

On 10 September 2020, Anthony Pompliano (aka “Pomp”), who is the host of “The Pomp Podcast”, told his almost 370K followers on Twitter that he had managed to convince Cramer to buy some Bitcoin (apparently during a recent podcast interview with Cramer).

Then on 11 December 2020, Cramer told Katherine Ross, a correspondent for TheStreet, that he had just bought more Bitcoin.

Three months later, during a second interview appearance on Pomp’s podcast, Cramer said that he had made “a ton of money” from his Bitcoin investment, expressed his disappointment with gold, and mentioned that he was advising people to have 5% of their portfolio in gold, and 5% of it in Bitcoin.

On 15 April 2021, Cramer revealed, while talking to CNBC’s “Squawk on the Street” co-host David Faber, that as the Bitcoin price has been going up over the past few months, he had been taking profits by selling some of his BTC holdings.

On 21 June 2021, during an appearance on CNBC’s “Squawk on the Street”, Cramer revealed that he had sold most of his remaining Bitcoin holdings due mostly to concerns over the crypto crackdown in China and Bitcoin’s use for ransomeware payments.

And on 28 June 2021, Cramer said on CNBC’s “Squawk Box” that he had added to his $ETH holdings.

However, since November 2021, when the latest “crypto winter” started, he has been mostly bearish on both Bitcoin and Ethereum and on Coinbase stock (NA