In this article, we will discuss: Jim Cramer’s Biggest Cryptocurrency and Blockchain Stock Hits & Misses. For more stocks, you can head to Jim Cramer’s Biggest Cryptocurrency and Blockchain Stock Hits & Misses: Top 5 Stocks.
In a recent appearance on Blooomberg Crypto, the publication’s Dushyant Shahrawat discussed how the sentiment surrounding Bitcoin appears to have changed. The world’s premier cryptocurrency is down 23.8% year to date and by 25% since January 29th. Multiple media reports suggest that the poor performance is due to the ongoing conflict in the Middle East. Shahrawat and the Bloomberg hosts discussed how Bitcoin no longer appeared to be a safe-haven asset.
He commented that when Bitcoin “was” a safe haven asset over a couple of years ago when the cryptocurrency was viewed as a “store of value, safe haven asset,” and the “higher correlations” showed “that Bitcoin was negatively correlated to the S&P 500,” recent data paints a different picture. According to Shahrawat, “increasingly last 12 months, it’s [the correlation] actually gone up to 0.56, even up to 0.6.” As a result, he believes that Bitcoin has ” become more of a risk on trade or risk off trade.” As to the reason behind the shift, the Bloomberg strategist believes that as “the institutions have become more involved in crypto, ironically the institution involvement through the ETFs mean that, you know, Bitcoin is increasingly held in diversified portfolios so you tend to, well it’s risk off, you’re selling all assets. . .so it’s increasingly becoming less of a safe haven asset purely as a highly correlated asset with the S&P 500.”
Our Methodology
To make our list of Jim Cramer’s biggest cryptocurrency stock hits and misses, we made a list of cryptocurrency and blockchain stocks and those that serve the industry, he was optimistic about in 2025. Then, their performance since the comments were made was calculated, and the stocks were ranked accordingly. Additionally, the number of hedge fund investors back then was also mentioned. Finally, the number of investors as of the fourth quarter of 2025 was also mentioned for additional context.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
11. Strategy Inc. (NASDAQ:MSTR)
Number of Hedge Fund Holdings in Q4 2024: 44
Number of Hedge Fund Holdings in Q4 2025: 41
Performance Since Cramer’s Remarks: -66%
Date/Month of Cramer’s Remarks: April 25th, 2025
Strategy Inc. (NASDAQ:MSTR) is one of the most well-known Bitcoin companies in the world due to its multi-billion dollar holdings. Its shares are down by 56% over the past year and by 61% since Cramer discussed the firm in January 2025. The dip in Strategy Inc. (NASDAQ:MSTR)’s share price has come when Bitcoin has also failed to impress investors. Over the year, the world’s premier cryptocurrency is down by 18%, and since November 10th, it has lost 36%. Cramer frequently discussed Strategy Inc. (NASDAQ:MSTR) and other crypto-related stocks in 2025. He repeatedly asserted that instead of buying the stocks to gain exposure to the cryptocurrency, viewers would be better off by directly buying Bitcoin. Year-to-date, Strategy Inc. (NASDAQ:MSTR)’s shares are down by 19.8%. One major dip occurred in February when the stock closed 17% lower on the 5th. On the same day, Bitcoin’s price also dropped by 7.4%. Here is what Cramer had said about Strategy Inc. (NASDAQ:MSTR) on Mad Money:
“Oh… No, no. Look, we like Bitcoin. We actually buy Bitcoin. That’s what we do. We want Bitcoin. We buy Bitcoin.”
10. Circle Internet Group (NYSE:CRCL)
Number of Hedge Fund Holdings in Q1 2025: N/A
Number of Hedge Fund Holdings in Q4 2025: 58
Performance Since Cramer’s Remarks: -65%
Date/Month of Cramer’s Remarks: June 23rd, 2025
Circle Internet Group (NYSE:CRCL) is a stablecoin and blockchain software infrastructure provider. Its shares are up by 10.5% since they were publicly listed last year. However, as Circle Internet Group (NYSE:CRCL)’s stock surged by more than 200% following the IPO, Cramer took a cautious tone and advised viewers to book any profits they might have made. Since its post-IPO peak, the stock is down by 65%. 2026 has been a tumultuous period for Circle Internet Group (NYSE:CRCL)’s stock, as while it is up by 10%, it has nevertheless experienced dips and falls. On February 25th, the shares closed a strong 25% higher on the day the firm reported its fourth quarter earnings. The results saw the firm post $770 million in revenue and reserve income, which beat analyst estimates. However, Circle Internet Group (NYSE:CRCL)’s shares closed 20% lower on March 30th as reports suggested that the CLARITY could limit the firm’s and platforms such as Coinbase’s ability to offer yields on customers’ stabelcoin deposits. In his comments about Circle Internet Group (NYSE:CRCL) on Mad Money, Cramer called the stock a short squeeze:
“Okay, Circle is a short squeeze. Tomorrow morning, you will sell 50% of your position… You will let the rest run. You will do that tomorrow for me, and I thank you.”