CNBC’s Jim Cramer Buys Bitcoin and Ether as Hedge to $37 Trillion U.S. Debt

CNBC host Jim Cramer said during a live broadcast on Tuesday that he is buying Bitcoin and Ethereum as a hedge against the roughly $37 trillion U.S. national debt. “I want to own it for my kids,” the former hedge-fund manager told viewers, adding that the two largest cryptocurrencies could help protect family wealth if fiscal pressures weigh on the dollar’s long-term purchasing power. Cramer’s latest comments mark a shift from previous on-air skepticism toward digital assets and come amid renewed retail and institutional interest in cryptocurrencies. While he did not disclose the size or timing of any purchases, his endorsement gives the volatile asset class a high-profile boost at a time when lawmakers continue to debate how to address the growing federal deficit.