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Michael Saylor on Corporations to Replace Cash Reserves with Bitcoin 

Michael Saylor, co-founder of MicroStrategy, has suggested that Apple should invest $100 billion in Bitcoin instead of stock buybacks, comparing Bitcoin's growth potential to that of Apple's stock in 2011. He believes this move could exponentially increase Apple's market value and transform its financial strategy. Saylor has been critical of companies holding large cash reserves and argues that Bitcoin offers better returns and acts as a hedge against inflation. He envisions Bitcoin becoming a key part of corporate finance and believes tech giants like Apple, Microsoft, and Google can achieve financial stability by adopting it. MicroStrategy's success with Bitcoin investments showcases the effectiveness of this strategy, and Saylor's call to action signals a potential shift in corporate priorities.

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