Why does Jim Cramer plan to sell Bitcoin (CRYPTO:BTC)?

Jim Cramer said he plans to sell Bitcoin (CRYPTO:BTC) because of concerns about future quantum computing risks.

What does IBM (NYSE:IBM) say about quantum risks to Bitcoin (CRYPTO:BTC)?

IBM (NYSE:IBM) chief executive Arvind Krishna suggested people should become more concerned about quantum risks within three or four years.

Bitcoin (CRYPTO:BTC) remains beyond current quantum capabilities, based on research estimates cited by BeInCrypto.

Bitcoin (CRYPTO:BTC) has no confirmed sale from Cramer because BeInCrypto found no wallet, filing or exchange record proving one occurred.

Image for illustrative purposes only. Not a real photo.

Bitcoin (CRYPTO:BTC) could require 1,200–1,450 logical qubits and 70–90 million Toffoli gates to attack its cryptography.

Written by Jon CuthbertPublished Aug 5, 2026, 2:54 AM

CNBC host Jim Cramer said he plans to sell Bitcoin (CRYPTO:BTC) because of concerns about quantum computing.
Cramer has not confirmed a sale, disclosed his Bitcoin holdings or provided a wallet address, according to BeInCrypto.
Research cited by BeInCrypto suggests current quantum computers remain far below the scale estimated to threaten Bitcoin keys.

CNBC host Jim Cramer said he plans to sell Bitcoin (CRYPTO:BTC) after International Business Machine discussed quantum computing risks.

IBM chief executive Arvind Krishna said people should become more concerned about quantum risks within roughly three or four years.

“I am going to sell my Bitcoin,” said CNBC host Jim Cramer.

BeInCrypto said no wallet, filing or exchange record confirms Cramer completed the sale or shows how much Bitcoin he owns.

Google researchers estimated breaking Bitcoin’s cryptography would require 1,200–1,450 logical qubits and 70–90 million Toffoli gates.

IBM recently ran a 70-logical-qubit circuit, leaving current hardware well below the scale estimated for attacking Bitcoin keys.

A draft Bitcoin proposal reported that more than 34% of Bitcoin had exposed public keys onchain by March 2026.

At the time of reporting, Bitcoin price was $64,379.18.