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Apple CEO Tim Cook Reveals He Owns Bitcoin
In an interview today, Apple CEO Tim Cook confirmed that he has Bitcoin holdings when he was asked the question during the DealBook conference. Cook said:
“I do. I think it’s reasonable to own it as part of a diversified portfolio. I’m not giving anyone investment advice by the way.”
Cook went on and explained that he had been interested in Bitcoin and crypto “for a while” and has been on top if it, studying it well. The Apple chief stressed that this is largely his personal point of view” and that his company is not (yet) looking to become a part of the crypto space.
“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,”
— DealBook (@dealbook) November 9, 2021
The interviewer tried to lure Cook into a trending topic by trying to get some more out of him. Cook was able to dodge the question if he could be considered a Bitcoin bull, saying that while he is very much interested in the top cryptocurrency, it would be best not to put a label on it.
In relation to Apple products or accepting BTC as payment, Cook stated that “it’s not something we have immediate plans to do.”
Apple co-founder Steve Wozniak might be more of a Bitcoin bull than Cook. In October he made some remarks in awe and said that “Bitcoin is mathematical purity” and that “there can never be another Bitcoin created”. to be a more Bitcoin bull than Cook, saying that “Bitcoin is mathematical purity” and “there can never be another Bitcoin created.”
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Author: Peter Siu