Bitcoin may fix Apple Stock Buybacks: Saylor
From Cointelegraph
June 13, 2025 2:00:00 PM:
Bitcoin exposure could boost Apple’s stock buyback program, says Michael Saylor. Traditional companies like Interactive Strength are embracing digital assets. An unidentified whale opened a $300 million leveraged Bitcoin bet. Saylor suggests Apple should buy Bitcoin to improve its buyback program. Apple’s stock has declined 17% this year, while Bitcoin has gained over 17%.
SEC Chair Paul Atkins criticizes Gensler’s approach to crypto, defends self-custody. Atkins supports self-custody of crypto assets and greater flexibility for market participants. He criticizes the previous administration for undermining innovation in self-custodial digital wallets. Atkins believes self-custody is a “foundational American value” and that SEC policies on staking need congressional approval.
FTX users are fighting to unlock $2.2 billion in disputed bankruptcy claims. The FTX Recovery Trust repaid over $5 billion in digital assets to creditors. At least $2.25 billion worth of claims are still in dispute. The estate holds $6.5 billion for disputed claims. Most disputed claims are expected to be allowed in the next distribution.
Avalanche blockchain tops 1 million daily transactions twice in one week. MapleStory Universe on Avalanche drove the spike in activity. Avalanche transactions reached 5.8 million in one week. MapleStory N, a Web3 game, launched on Avalanche. Before MapleStory’s launch, Avalanche transactions rarely topped 500,000 in 2025. MapleStory was a cultural phenomenon among gamers in the 2000s and early 2010s. MapleStory Avalanche, a proto-metaverse platform, offers users a space to socialize, make friends, and even form romantic relationships. Meanwhile, PancakeSwap simplifies DeFi UX with one-click crosschain swaps using the Across Protocol, eliminating the need for complex blockchain bridges. This integration allows users to swap assets seamlessly across different blockchain networks.
Historically, crosschain activity has relied on vulnerable blockchain bridges, as seen in the $600 million hack of Axie Infinity’s Ronin Bridge in 2022. PancakeSwap’s one-click crosschain token swaps provide a more secure and user-friendly alternative. In the DeFi market overview, most of the top 100 cryptocurrencies ended the week in the red, with Sonic and Jupiter tokens experiencing significant declines. Stay tuned for more impactful DeFi developments next week.
Read more at Cointelegraph
1. Bitcoin reaches new all-time high of $60,000, driven by institutional interest and growing mainstream acceptance.
2. Ethereum’s price surges to $2,000 as demand for decentralized finance (DeFi) applications continues to grow.
3. Tesla announces $1.5 billion investment in Bitcoin, becoming the first major automaker to embrace cryptocurrency as a form of payment.
4. NFT (non-fungible token) sales surpass $340 million in February, highlighting the growing interest in digital art and collectibles.: Bitcoin may fix Apple Stock Buybacks: Saylor