Back in May 2021, CNBC’s mad money wizard of chaos, Jim Cramer, suggested GameStop should “buy a ton of Bitcoin.” If you, not GameStop, had dropped $1,000 into BTC right then, you’d be sitting on $2,600 today. Once again, the “Inverse Cramer” theory proves undefeated.
Cramer Said Buy. GameStop Didn’t. But You Could’ve.
Let’s rewind to May 11, 2021. Meme stocks were mooning, stonks were hot, and Jim Cramer, in his usual caffeinated fashion, publicly told GameStop to dump its cash into Bitcoin.
They didn’t.
But if you had? According to Benzinga, that $1,000 BTC investment would now be worth around $2,600, as of March 2025. That’s a spicy 160% return—not bad for ignoring financial TV and trusting the OG crypto asset.
Let’s Talk Numbers
Here’s the breakdown:
• May 11, 2021 BTC price: ~$55,000
• March 25, 2025 BTC price: ~$71,000 (CoinGecko)
• Gain: +160%
• Lesson: Sometimes it really pays to fade the suits.
And if GameStop had listened to Cramer and aped in with, say, $100 million? That’d be worth $260 million today. Instead, they spent most of that war chest on stock buybacks and memetic vibes.
The “Inverse Cramer” Indicator
This isn’t a one-off. In the wild world of trading memes, “Inverse Cramer” has become a running joke:
• He says sell? It pumps.
• He says buy? It tanks.
• He mentions crypto? Twitter holds its breath.
In fact, people have built actual ETFs to track the opposite of Cramer’s calls (shoutout to the Inverse Cramer Tracker on X). If that doesn’t scream “market sentiment tool,” I don’t know what does.
So Should You Bet Against Cramer?
We’re not saying Cramer’s always wrong. He’s just… predictably offbeat when it comes to timing. If he was early on Bitcoin, he was way early on recommending it to a brick-and-mortar meme stock.
But here’s the alpha: When high-profile tradfi pundits start making crypto noise, it’s often a lagging indicator—aka, the real move already happened. That’s when you zoom out, look at the charts, and decide for yourself.
Final Thoughts: Cramer Was Right, Just Too Soon
Jim’s take wasn’t wrong in principle. Bitcoin has outperformed a lot since 2021, and GME holding crypto might’ve actually looked smart by now. But GME hesitated, and Cramer—once again—became a meme.
Moral of the story? Sometimes the best alpha is knowing who not to listen to.
Written by: The Crypto Chronicle Team
H.K.
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