Apple, Follow in Microstrategy’s Footsteps? Michael Saylor Urges Investment in Bitcoin

Michael Saylor, renowned advocate for Bitcoin as a corporate treasury asset, recently urged Apple to consider adding Bitcoin to its financial portfolio. This bold suggestion follows MicroStrategy’s monumental shift towards investing heavily in Bitcoin, which now holds the distinction of being the largest corporation globally holding the cryptocurrency. Saylor’s argument hinges on Bitcoin’s potential as an inflation hedge and a safeguard against currency devaluation, while Apple’s immense cash reserves could benefit from diversifying into this asset class.