Prominent Bitcoin advocate Michael Saylor has proposed that Apple Inc. redirect capital from stock repurchases toward Bitcoin acquisitions. This recommendation follows critical remarks by financial commentator Jim Cramer regarding Apple’s current share buyback strategy.
Cramer recently characterized Apple’s stock repurchase program as ineffective in generating shareholder value, sparking renewed debate about optimal capital allocation strategies. Saylor countered by positioning Bitcoin as a superior alternative investment for the technology giant’s treasury reserves.
The exchange highlights ongoing corporate finance discussions within the technology sector, particularly concerning capital deployment strategies amid market volatility. Saylor’s suggestion reflects growing advocacy for cryptocurrency adoption in corporate treasury management among Bitcoin proponents.