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Saylor says Bitcoin could fix Apple's stock buybacks: Finance Redefined

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Michael Saylor suggested Apple buy Bitcoin for its corporate share buyback program, as more traditional firms are establishing corporate crypto treasuries.
Michael Saylor, co-founder of MicroStrategy, suggested that Apple should invest its $110 billion in stock buybacks into Bitcoin, arguing that this move could significantly enhance shareholder value and position Apple as a leader in the digital economy. Speaking at the Australian Financial Review Crypto Summit, Saylor emphasized Bitcoin's potential as a hedge against inflation and a tool for financial empowerment, contrasting it with traditional stock buybacks which he believes offer limited long-term benefits. He highlighted that such a strategic shift could not only boost Apple's market position but also drive broader adoption of cryptocurrencies, redefining corporate finance strategies in the process.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/saylor-bitcoin-fix-apple-stock-buybacks-finance-redefined ]