Jim Cramer Warns D-Wave Quantum Inc. (QBTS) May Pose a Risk to Cryptocurrency

Reported 1 day ago

Jim Cramer highlights the potential threat posed by D-Wave Quantum Inc. (NYSE: QBTS) to the cryptocurrency market during a recent episode of Mad Money. Cramer notes that while D-Wave's quantum computing technology has seen a staggering 2000% rise within the past year, it remains in the early stages of development. He acknowledges the significant investment interest in quantum computing and contemplates its possible impact on various sectors, including cryptocurrencies. Despite the company's substantial losses, he remains open-minded about its future prospects.

Source: YAHOO

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