Jim Cramer Plans to Sell All Bitcoin Holdings, Citing Quantum Computing Threat in 3 Years

Odaily Planet Daily reports that Jim Cramer stated he plans to sell all of his Bitcoin holdings, arguing that quantum computing could break Bitcoin’s security mechanisms within approximately three years. In a July 30 interview, Arvind Krishna, Chairman and CEO of IBM, said quantum computing could pose a challenge to modern cryptography within the next three to four years. A Google Quantum AI paper from March this year estimated that fewer than 500,000 physical qubits would be required to break relevant cryptographic systems—about one-twentieth of earlier predictions. Currently, the scale of physical qubits in quantum systems remains in the hundreds to thousands, with only a limited number of reliable logical qubits available. Researchers estimate that approximately 30% of Bitcoin’s supply—6 to 7 million BTC—is held in addresses with exposed public keys.