Jim Cramer To Sell Bitcoin After IBM Quantum Warning: Will Traders Fade Him?

NewsTue, 04 Aug 2026 23:00:00 UTC3 hours ago
Jim Cramer To Sell Bitcoin After IBM Quantum Warning: Will Traders Fade Him?

CNBC host Jim Cramer says he intends to sell his Bitcoin (BTC) after IBM's chief executive warned that quantum computers could eventually break the cryptography protecting it.

He has not confirmed a completed sale, disclosed a position size, or published a wallet address. Traders responded by treating the call as a reason to buy.

Why Jim Cramer Says He Is Selling Bitcoin

Cramer asked Arvind Krishna on July 30 whether quantum machines could crack the math securing crypto holdings. The IBM chief answered with a rough clock.

"I think that you should give yourself three or four years, and at that point, I would get rather paranoid about it," Arvind Krishna, IBM chief executive.

Krishna told the same segment that quantum should move IBM's earnings by 2028 or 2029. That forecast anchors IBM's commercial quantum timeline.

Four days later, Cramer gave his answer on air.

"I am going to sell my Bitcoin," Jim Cramer, CNBC host.

Nothing since then confirms he acted on it. Cramer has never published a Bitcoin address, and no filing or exchange record establishes the size of the position, so the sale remains a stated intention.

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