Monday , May 17 2021

CNBC host Jim Kramer sold half of the bitcoins to repay the mortgage



Jim Cramer, a former hedge fund manager and host of CNBC’s Mad Money, called himself a “renegade” and announced the sale of half of his assets in the first cryptocurrency.

“I know people will be mad at me, but I paid back yesterday [биткоина] using a mortgage loan, ”Kramer said in the air Squawk on the Street.

The host did not specify how many coins he sold. According to him, it was half of the assets in digital gold.

Twitter user SZ BeatzCoin compared Kramer’s decision to buying a pizza for 10,000 BTC.

In December 2020, on December 11, Kramer announced a “timely” investment in bitcoin at a rate below $ 18,000.

On March 22, 2021, the host thanked Morgan Creek Digital venture capital co-founder Anthony Pomplian for inspiring him to invest in the first cryptocurrency.

Earlier, Shark Tank investor and star Kevin O’Leary announced his intention to invest 3% of his assets in digital gold.

Recall, billionaire Mark Cuban said he concentrated 60% of his portfolio of investments in cryptocurrencies in Bitcoin, 30% in Ethereum and 10% in other digital assets.

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