Popular TV host Jim Cramer has claimed that President Donald Trump was looking to start procuring Bitcoin for the US Strategic Reserve once it hit $60k. The largest cryptocurrency by market capitalization is currently hovering around $69k at press time, but it briefly touched the $60k support almost 3 days ago.
Cramer gave these comments during a CNBC Market Alert segment. He said:
“Do you think the President is going to fill the Bitcoin reserve? I have heard that at 60 ($60k), he is going to fill the reserve, you better cover…”
While Bitcoin briefly touched $60k a few days ago, it bounced back immediately, and there has been no official communication from the President regarding such a move. If it happens, it will affect the market considerably, as the US government can reportedly allocate up to hundreds of billions of dollars to fill the reserve.
Cramer Makes Wild Bitcoin Theories and Predictions
Jim Cramer has been on a major tweeting offensive for the last few weeks as markets have been more volatile, and traders are trying to make sense amid the chaos. He has been consistently tweeting about Bitcoin and its users, including multiple damning predictions regarding the premier cryptocurrency’s viability.
He also tried to present Michael Saylor and Strategy as the sole saviors of Bitcoin and implored them to “save the cryptocurrency” multiple times through more big purchases. He took multiple digs at crypto users, saying that the retail market was dead and investors weren’t lining up to rescue the digital asset’s decline.
The latest claim by Cramer is that Trump is looking to buy Bitcoin for the country’s strategic reserve. For him, the US government might step in to stabilize the digital asset’s price by making large acquisitions for the strategic reserve.
However, his prediction isn’t consistent with the latest US policy, as Treasury Secretary Scott Bessent reaffirmed on February 5, 2026, that the federal government has no legal authority to use public funds to “bail out” Bitcoin or stabilize its price despite the recent market downturn.
Cramer’s chequered history with cryptocurrencies could mean that he is just making wild predictions to rattle some feathers. The Host of Mad Money is known to antagonize crypto users by pointing out the digital asset market’s frailties, especially during a price squeeze.
Source: https://zycrypto.com/trump-to-buy-bitcoin-for-u-s-strategic-reserve-at-60k-jim-cramer-claims/
