Michael Saylor pushes Apple to buy Bitcoin

Michael Saylor pushes Apple to buy Bitcoin


The CEO of Strategy and well-known Bitcoin maximist has publicly asked Apple to give up his unprofitable share buyback program in favor of acquiring Bitcoin.

His bold announcement, which he made on June 10th, was a direct one Reaction to The criticism of the financial commentator Jim Cramer, who is ineffectively designated.

The Apple share fell by over 17% this year, despite the massive buyback initiative announced in May 2024 of $ 110 billion. In stark contrast to this, Bitcoin has increased by over 17% in the same period and has even increased by 1,000% in the past five years, which far exceeds Apple's profit of 137%.

Saylor argues that this significant difference in performance Bitcoin makes a much better investment for the capital of the technology giant.

This is not only Saylor's personal opinion, but also reflects a growing trend for the introduction of Bitcoin in companies. Companies such as Gamestop, which recently bought 4,710 BTC for $ 513 million, are increasingly taking up cryptocurrencies in their balance sheets.

The Japanese company Metaplanet has risen to the world's eight-largest Bitcoin company and even plans to apply $ 5.4 billion for further acquisitions.

Similarly, the Blockchain Group, based in Paris, has accumulated over 1.471 BTC and wants to apply another $ 340 million for her Bitcoin checkout. Saylor's advance at Apple signals the desire of one of the most influential companies in the world to join this new financial paradigm.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


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Jayd Johnson