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Home Bitcoin

Apple CEO Tim Cook Says He Owns Bitcoin

by Crypto News
November 9, 2021
in Bitcoin
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Apple CEO Tim Cook Says He Owns Bitcoin
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  • Tim Prepare dinner confirmed in an interview in the present day he owns bitcoin and is focused on it.
  • “I feel it’s cheap to personal it as a part of a diversified portfolio,” he stated.
  • The Apple massive boss reiterated, nonetheless, that his curiosity was from a “private viewpoint” fairly than a company one.

Apple CEO Tim Prepare dinner confirmed in an interview on November 9 that he personally owns bitcoin after he was requested the query on the DealBook convention.

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“I do. I feel it’s cheap to personal it as a part of a diversified portfolio,” Prepare dinner stated. “I’m not giving anybody funding recommendation by the way in which.”

Prepare dinner added that he had been focused on Bitcoin and cryptocurrency “for some time,” and that he had been researching it. The Apple massive boss reiterated, nonetheless, that his curiosity is only from a “private viewpoint” and the corporate presently has no plans to leap on the Bitcoin bandwagon.

“I wouldn’t go spend money on crypto, not as a result of I wouldn’t make investments my very own cash, however as a result of I don’t assume individuals purchase Apple inventory to get publicity to crypto,” Prepare dinner stated, referring to how he wouldn’t make investments his firm’s treasury into his private curiosity in Bitcoin.

Prepare dinner was additionally requested if he could possibly be labeled as a Bitcoin bull. He dodged, saying he wouldn’t prefer to put a label on it, however that Bitcoin is actually one thing he’s focused on.

So far as including Bitcoin companies to Apple merchandise or accepting BTC as fee, Prepare dinner additionally stated it’s “not one thing we now have instant plans to do.”

In October, Apple co-founder Steve Wozniak confirmed to be a extra Bitcoin bull than Prepare dinner, saying that “Bitcoin is mathematical purity” and “there can by no means be one other Bitcoin created.” Wozniak additionally drew parallels between the “synthetic” U.S. greenback and the “mathematically pure” Bitcoin.





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