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.”
9. PayPal Holdings, Inc. (NASDAQ:PYPL)
Number of Hedge Fund Holdings in Q3 2024: 90
Number of Hedge Fund Holdings in Q4 2025: 78
Performance Since Cramer’s Remarks: -51%
Date/Month of Cramer’s Remarks: January 24th, 2025
Payments platform provider PayPal Holdings, Inc. (NASDAQ:PYPL)’s shares haven’t performed well lately. They are down by 33% over the past year and by 65% since Cramer discussed them in January. One notable dip in the stock came in July 2025 when it closed 8.7% lower on the 29th. On that day, PayPal Holdings, Inc. (NASDAQ:PYPL) reported its fiscal second quarter earnings report that saw it post $8.29 billion in revenue and $1.40 in adjusted earnings per share. The two metrics beat analyst estimates of $8.08 billion and $1.30. Yet, according to media reports, PayPal Holdings, Inc. (NASDAQ:PYPL)’s stock fell after it outlined that the growth in transaction margin dollars had slowed down. The shares have also suffered in 2026 as they closed a whopping 20% lower on February 3rd. On that day, as part of its fourth quarter earnings, PayPal Holdings, Inc. (NASDAQ:PYPL) outlined that it expected full-year adjusted profit to post a “Low-single digit decline ” or be “slightly positive.” Analysts, on the other hand, had estimated approximately 8% growth. Additionally, PayPal Holdings, Inc. (NASDAQ:PYPL) also announced that its CEO, Alex Chriss, was leaving. Here’s what Cramer had said about the firm in January 2025:
“Look, I tell you, this person does have respect for PayPal. They have a meeting in February that is gonna blow your socks off. I have to tell you that I think that this guy, Alex Chriss is the real deal. It’s at $89. Buy some now and if it does happen to come down before February, buy more then. I have total respect for PayPal and total respect for Alex. It’s a good stock and a good company.”
8. IREN Ltd. (NASDAQ:IREN)
Number of Hedge Fund Holdings in Q2 2025: 39
Number of Hedge Fund Holdings in Q4 2025: 46
Performance Since Cramer’s Remarks: -25%
Date/Month of Cramer’s Remarks: September 24th, 2025
IREN Ltd. (NASDAQ:IREN) is an Australian data center company that also engages in Bitcoin mining. Its shares are up by a whopping 476% over the past year but are down by 25% since Cramer discussed them in September. November 2025 was a tough month for IREN Ltd. (NASDAQ:IREN)’s stock as it dipped by 44% between the 5th and 21st. On the 6th, the stock closed 12.4% lower. On that day, IREN Ltd. (NASDAQ:IREN) reported its fiscal first-quarter earnings report. The results saw the firm post $240 million in revenue and $1.07 in earnings per share to mark a 355% revenue growth and turn its year-ago loss into a profit. However, analysts had estimated IREN Ltd. (NASDAQ:IREN) to earn $241 million in revenue. Year to date, the shares are down by 17.8%, with one notable dip coming in February when they lost 16% between the 3rd and the 5th. On the 5th, IREN Ltd. (NASDAQ:IREN) reported its fiscal second-quarter earnings and outlined that revenue and operating income had sequentially dropped. Here is what Cramer had said about the firm in September 2025:
“There are other companies like IREN, which makes power centers for bitcoin mining and is looking to pivot to AI data centers. Hey, listen, CoreWeave took that strategy. IREN is actually profitable, but its stock has rallied 380%. Too hot.”
7. Hut 8 Corp. (NYSE:HUT)
Number of Hedge Fund Holdings in Q2 2025: 26
Number of Hedge Fund Holdings in Q4 2025: 64
Performance Since Cramer’s Remarks: -5%
Date/Month of Cramer’s Remarks: October 20th, 2025
Hut 8 Corp. (NYSE:HUT) is a computing infrastructure company with exposure to Bitcoin through mining equipment and services. Its shares are up by a strong 307% over the past year and down by 5% since Cramer discussed them on Mad Money. December 12th was a tough day for Hut 8 Corp. (NYSE:HUT)’s shares as they closed 11.6% lower. On the same day, Bitcoin’s price fell below $90,000 and dragged the sector down with it. The stock also closed 17% lower on the 22nd on a day that saw the sector as a whole struggle as other firms’ shares dipped between 10% to 15%. Year-to-date, Hut 8 Corp. (NYSE:HUT)’s stock is down by 7.5%. One notable dip came in February when the stock lost more than 24% between the 3rd and the 5th. During this time period, Bitcoin also dipped by 10% and peer firm IREN reported its earnings to outline a sequential revenue and operating income dip. Here is what Cramer had said about Hut 8 Corp. (NYSE:HUT) in October 2025:
“It’s making, it is making money, and so the, but it’s still a parabolic move, and you know that I feel that parabolic moves are very, very suspect. I think you should ring the register on some.”
6. Coinbase Global, Inc. (NASDAQ:COIN)
Number of Hedge Fund Holdings in Q4 2024: 69
Number of Hedge Fund Holdings in Q4 2025: 64
Performance Since Cramer’s Remarks: 2.45%
Date/Month of Cramer’s Remarks: April 7th, 2025
Coinbase Global, Inc. (NASDAQ:COIN) is one of the largest cryptocurrency exchanges in the world. Its shares are down by 6.4% over the past year and are up by 2.45% since Cramer discussed the firm on Mad Money. Coinbase Global, Inc. (NASDAQ:COIN)’s shares closed 4.7% higher on October 31st after the firm reported its third quarter earnings. The results saw it post $1.9 billion in revenue and $1.50 in adjusted earnings per share to beat analyst estimates of $1.8 billion and $1.10. However, more recently, Coinbase Global, Inc. (NASDAQ:COIN)’s shares closed 9.8% lower on March 24th. On that day, reports surfaced that a draft of the legislation called the CLARITY Act could restrict rewards on stablecoin holdings. This development affects Coinbase Global, Inc. (NASDAQ:COIN)’s customer base due to its presence in the stablecoin industry. The shares closed another 4% lower on the 26th, on the day banking giant Goldman Sachs cut the share price target to $235 from $270 and kept a Buy rating on the shares. Here’s what Cramer had said about Coinbase Global, Inc. (NASDAQ:COIN) on April 7th:
“Not a bad idea, Bitcoin’s down a lot, but why don’t you do this, why don’t you buy Bitcoin? Why buy Coinbase? You can just go buy Bitcoin. And I think that’s a good idea all the way down here. I prefer that to actually buying Coinbase.”
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