4 Brilliant Reasons Why Apple Should Buy Bitcoin

At its annual shareholders meeting on Dec. 10, Microsoft investors will vote on whether or not the business can invest in Bitcoin (CRYPTO: BTC). Seeing the price of the digital asset soar 1,300% in the past five years and 140% just in 2024 (as of Dec. 9) is certainly drawing the attention of corporate executives who at least acknowledge that it might make sense to hold some Bitcoin on the balance sheet.While no proposal is on the docket for Apple (NASDAQ: AAPL), the world's most valuable company, I believe the consumer tech juggernaut should start thinking about the world's top cryptocurrency. Here are four brilliant reasons why Apple should buy Bitcoin.As of Sept. 28, Apple had $157 billion of cash, cash equivalents, and marketable securities on the balance sheet. This is partly attributable to the massive sums of free cash flow the business has consistently generated over the years, making the company one of the most financially sound on Earth.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool