MICHAEL SAYLOR TELLS APPLE: "BUY BITCOIN INSTEAD OF BUYING BACK SHARES" — Will Tim Cook take the plunge?
Michael Saylor never rests. And now he has set his sights on the largest company in the world. 🎯
Today's news (Sunday, March 29):
The president of Strategy (formerly MicroStrategy) suggested that Apple should buy Bitcoin instead of continuing its share buyback program.
The numbers that matter: 💰
· Apple has US$27 BILLION in cash
· Strategy currently holds 582,000 BTC
· Saylor argues that inflation and dollar weakness make BTC a better option than buying back shares
The context: This is not the first time. Saylor has made similar proposals to Tesla and Microsoft. But Apple is the big prize. 🏆
What the community says: Memes are already exploding with "Tim Cook making a trillion-dollar move into crypto".
My opinion: It sounds crazy, but 5 years ago it also sounded crazy that a software company would buy 582,000 BTC. And today, Strategy has more Bitcoin than any other company in the world.
👇 I ask you:
· Should Apple buy Bitcoin?
· Do you think Tim Cook will ever take the plunge?
· If Apple bought BTC, how much do you think the price would rise?
$BTC $AAPL