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


//business-finance.news-articles.net/content/202 .. ix-apple-s-stock-buybacks-finance-redefined.html
Published in Business and Finance on by CoinTelegraph   Print publication without navigation

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 ]

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