Michael Saylor Urges Apple to Buy Bitcoin Amid Jim Cramer’s Criticism of Stock Buyback Program

On June 10, financial commentator Jim Cramer publicly criticized Apple’s stock repurchase strategy, describing it as ineffective in delivering shareholder value. This assessment came during a widely viewed financial program, highlighting growing skepticism around traditional buyback programs in the tech sector. In a notable response, Michael Saylor, co-founder of Strategy, advocated for a strategic pivot, suggesting that Apple should allocate capital towards Bitcoin acquisition. This recommendation underscores a broader trend among institutional investors considering cryptocurrency as a potential hedge against inflation and market volatility. The discourse reflects ongoing debates about optimal capital deployment in large-cap technology firms amid evolving market dynamics.