The CEO of the tech mogul Apple, Tim Cook, revealed that he is personally invested in Bitcoin or Ethereum. With a current market cap of around .476 trillion, Apple is ranked the second-largest company in the world. Its CEO, Tim Cook, speaking at the DealBook conference Tuesday, revealed that he is personally invested in Bitcoin or Ethereum. When asked if he owns one of both, he reportedly said: I do. I think it’s reasonable to own it as part of a diversified portfolio. […] I’m ot giving anyone investment advice, by the way. The top-level executive said that he’s been interested in crypto for some time and that he’s also been doing research on the topic. There’s been plenty of speculation on whether or not Apple will get involved in the industry in one way or another.
Topics:
George Georgiev considers the following as important: AA News, BTCEUR, BTCGBP, btcusd, btcusdt, ETHBTC, ethusd, social
This could be interesting, too:
Wayne Jones writes Bad News for Crypto? Elizabeth Warren to Succeed Sherrod Brown on House Banking Committee
Martin Young writes Ethereum’s Modular Strategy: Short-Term Pain, Long-Term Gain, Says Research
Dimitar Dzhondzhorov writes 4 Reasons Why Bitcoin’s (BTC) Price Might See a Short-Term Correction
Wayne Jones writes DOJ Seeks M in Crypto from Binance Over FTX Bribery Allegations Involving SBF
The CEO of the tech mogul Apple, Tim Cook, revealed that he is personally invested in Bitcoin or Ethereum.
- With a current market cap of around $2.476 trillion, Apple is ranked the second-largest company in the world.
- Its CEO, Tim Cook, speaking at the DealBook conference Tuesday, revealed that he is personally invested in Bitcoin or Ethereum.
- When asked if he owns one of both, he reportedly said:
I do. I think it’s reasonable to own it as part of a diversified portfolio. […] I’m ot giving anyone investment advice, by the way.
- The top-level executive said that he’s been interested in crypto for some time and that he’s also been doing research on the topic.
- There’s been plenty of speculation on whether or not Apple will get involved in the industry in one way or another.
- Cook cast all this aside, though, rejecting the possibility of Apple buying it with corporate funds as an investment. He also dismissed suggestions that the company might accept crypto as a tender.
I wouldn’t go invest in crypto, not because I wouldn’t invest my own money, but because I don’t think people buy Apple stock to get exposure to crypto.
Featured image courtesy of AppleInsider