Bitcoin

Apple

Trillion

<div class="intro-text"> 
 MicroStrategy CEO Michael Saylor has suggested that tech giant Apple invest $100 billion in Bitcoin rather than pursuing a stock buyback. He argued that such a move would significantly boost Apple’s market value and growth potential. 
</div> 
Saylor made these comments during his recent <a style="color: #0000ff;" href="https://www.youtube.com/watch?v=eThjo9wYoF0">appearance</a> on the “Markets with Madison” podcast, hosted by NZ Herald journalist Madison Reidy. He suggested that such a strategy would diversify Apple’s valuation, with 60% driven by its operating business and 40% by its Bitcoin holdings. 
<blockquote>
 “Buy $100 billion worth of Bitcoin, and it will grow to $500 billion. You’ll have a $500 billion business growing 20% annually, making $100 billion in investment gains each year. Investors will take notice, adding one to two trillion dollars to your market cap,”
</blockquote> 
Saylor stated.&nbsp; 
The CEO also noted that if smaller companies within the S&amp;P 500 began investing in Bitcoin, their performance could rival that of “Big Tech”. 
<blockquote>
 “If the bottom 98% of the S&amp;P 500 bought Bitcoin, their performance could align with Big Tech, and the S&amp;P index would trend toward Bitcoin’s growth,”
</blockquote> 
he explained. 
Saylor’s comments come as MicroStrategy continues to embrace Bitcoin as part of its digital transformation strategy. The company is the largest corporate holder of the cryptocurrency, with $17.1 billion in Bitcoin, according to <a style="color: #0000ff;" href="https://treasuries.bitbo.io/microstrategy/#:~:text=MicroStrategy%20owns%20252%2C220%20bitcoins%20as,cost%20of%20%249.91%20billion%20USD.">BitcoinTreasuries</a>. MicroStrategy’s <a href="https://defi-planet.com/2024/08/microstrategy-unveils-strong-q2-results-with-record-bitcoin-holdings-and-strategic-initiatives/">stock </a>has surged over 182% year-to-date, fueled by its aggressive Bitcoin acquisitions. 
RELATED: <a style="color: #0000ff;" href="https://defi-planet.com/2024/09/the-bitcoin-gamble-how-microstrategys-bold-strategy-outperformed-warren-buffetts-traditional-wisdom/">The Bitcoin Gamble: How MicroStrategy’s Bold Strategy Outperformed Warren Buffett’s Traditional Wisdom</a> 
Meanwhile, to capitalize on the growing interest in its Bitcoin-driven strategy, <a style="color: #0000ff;" href="https://defi-planet.com/2024/08/defiance-introduces-new-etf-offering-bitcoin-exposure-through-microstrategy-stock/">ETF issuer Defiance launched MSTX</a>, the first single-stock long-leveraged ETF for MicroStrategy. This new ETF offers investors the opportunity to gain amplified exposure to the company’s stock and benefit from its market performance. 
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The post <a href="https://defi-planet.com/2024/10/microstrategys-michael-saylor-says-buying-bitcoin-could-add-2-trillion-to-apples-market-cap/">MicroStrategy’s Michael Saylor Says Buying Bitcoin Could Add $2 Trillion to Apple’s Market Cap</a> appeared first on <a href="https://defi-planet.com">DeFi Planet</a>.

MicroStrategy’s Michael Saylor Says Buying Bitcoin Could Add $2 Trillion to Apple’s Market Cap

DeFi Planet

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