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Apple Should Buy $100 Billion of Bitcoin, MicroStrategy’s Saylor Says

MicroStrategy CEO Michael Saylor suggests that Apple should consider purchasing $100 billion worth of Bitcoin instead of a stock buyback. Saylor believes that this move would lead to significant investment gains, increase Apple's market cap, and value the company based on its operating business and balance sheet. MicroStrategy itself is already the largest holder of Bitcoin, with holdings worth $17.1 billion. Saylor further suggests that smaller S&P 500 companies could also benefit from investing in Bitcoin and potentially achieve similar performance to Big Tech companies.

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