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Bitcoin Advocate Michael Saylor Made an Investment Advise to Tech Giant Apple! Here are the Details
Famous finance program host Jim Cramer criticized Apple’s current stock buyback program, stating that the company's strategy is not creating the expected effect. While evaluating the performance of Apple shares, Cramer said, "these buybacks are not working."
Bitcoin Advice from Michael Saylor
In response to this comment, Michael Saylor, one of the leading advocates of the cryptocurrency market and the founder of MicroStrategy, replied via social media. Saylor addressed Apple directly:
"Apple should buy Bitcoin" statement was made.
Saylor's proposal is a reflection of the long-standing view that technology giants with high cash reserves, like Apple, should direct their capital management strategies towards digital assets such as Bitcoin.
MicroStrategy became the first major publicly traded company to adopt this approach by holding billions of dollars in Bitcoin on its balance sheet.
Jim Cramer's criticisms and Saylor's Bitcoin call have reignited ongoing discussions about the growth strategies of tech giants and their ways of creating value.
*It is not investment advice.
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