- Michael Saylor, that tireless evangelist of the digital age, once again doth implore Apple to embrace Bitcoin, amidst the lamentable underperformance of its stock. A curious proposition, wouldn’t you agree?
- Jim Cramer, a man never short of opinions, questions Apple’s extravagant \$110B buyback scheme, suggesting a new strategy. Perhaps a dab of Bitcoin, eh?
- Lo and behold! Bitcoin, that mischievous sprite of the financial world, outpaces Apple stock in the year of our Lord 2025, capturing the fickle hearts of investors. A sign of the times, perhaps?
Michael Saylor, the executive chairman of Strategy, a man seemingly possessed by the spirit of Bitcoin, has, with characteristic zeal, advised Apple to buy Bitcoin. On the tenth of June, he expressed this notion on X (formerly Twitter, a place where sanity often goes to die), following pronouncements by one Jim Cramer, a financial analyst of some renown (or notoriety, depending on your portfolio), who dared to suggest that Apple’s buyback program was, shall we say, less than optimal. π§
Bitcoin Outperforms Apple Stocks in 2025: A Modern Miracle?
According to the esteemed Mr. Cramer, Apple’s current buyback is about as effective as a screen door on a submarine. He has, with a touch of audacity, pointed out that Apple might consider investing its considerable fortune in something… novel. He believes the company ought not to be embarrassed by embracing new approaches. His remarks, naturally, ignited a veritable bonfire of discussion regarding Apple’s \$110 billion dalliance with repurchasing its own shares. A sum that could, one imagines, buy a small principality. Or a very large pile of Bitcoin. π€
At the same time, Apple’s stock, alas, has been performing with all the grace of a drunken bear on roller skates this year. Many investors, those sensitive souls, are now experiencing palpitations over the company’s less-than-stellar results. Meanwhile, Bitcoin’s price has been ascending like a rocket aimed at the moon (or perhaps Mars, if Elon Musk has his way). Thus, some, in their infinite wisdom, think Apple should try a new strategy and, dare we say it, place Bitcoin in its financial bloodstream. π€ͺ
According to Michael Saylor, Bitcoin will be the very foundation of future payments. In fact, in December 2024, he graced Microsoft’s Board of Directors with his presence for a mere three minutes. He claimed, with the conviction of a prophet, that Bitcoin leads all other technology trends in this, the current century. He feels that big companies in any industry should join the digital transformation effort. Or face the consequences! (Presumably, of being left behind in the dust of progress). π
Additionally, Saylor has made it abundantly clear that his confidence in Bitcoin is unwavering. His company has purchased Bitcoin on numerous occasions, accumulating a hoard that would make Croesus blush. According to Saylor, holding Bitcoin works better than cash because its value, after a suitable period of time, tends to… appreciate. He thinks more firms should rely on Bitcoin to boost their finances. A bold claim, indeed! π€
Bitcoin Becomes Key to Corporate Finance Strategy: A Faustian Bargain?
Other companies, bless their adventurous souls, have already taken tentative steps in this direction. For example, the company GameStop, a name synonymous with meme stocks and retail rebellion, declared it had spent \$513 million on purchasing 4,710 Bitcoins. Money raised through convertible notes, no less! In turn, the company is currently regarded as a member of the expanding group of Bitcoin investors. A motley crew, to be sure. π€‘
In the same vein, Metaplanet from Japan became the eighth-largest in the world to own Bitcoin. A 12% increase in its stock was seen on the news within only a single day. Also, Blockchain Group in Paris bought more Bitcoin by raising \$340 million and now owns 1,471 BTC. All this suggests that a lot of companies are relying on Bitcoin to raise their financial performance. Or perhaps they’re simply caught up in the frenzy. π€
All things considered, Michael Saylor’s advice to Apple has thoughtful reasons behind it. It uses the methods that are already in place at other companies. Since Bitcoin is becoming more valuable, more businesses are embracing it for their long-term game plan. If Apple decides to go in this direction, it could gain the same results. It is not yet clear if Apple will make this change or stick with doing things as they have always done. The discussion between Bitcoin and big firms is happening more and more these days. A sign of the apocalypse? Or merely a new chapter in the grand, absurd drama of capitalism? Only time will tell. β³
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2025-06-10 22:59