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Tim Cook’s Crypto Investments Revealed: How’s Apple About Bitcoin & Co.?

Ever since the electric car maker Tesla invested in Bitcoin, the crypto community has been waiting for the next crypto coup from a corporate giant. The iPhone manufacturer Apple is traded particularly high. But what about the iCompany’s crypto plans?

• Apple CEO Tim Cook reveals crypto investment

• Private investment decision
• No crypto plans for Apple for the time being

Apple boss Tim Cook has gone under the crypto investors. Investors promptly speculate about his company’s possible Bitcoin plans.

Cook enthüllt Krypto-Investments

At the New York Times DealBook Conference, Apple’s CEO was asked whether he owned Bitcoin or Ethereum. The answer from the top manager may have surprised some observers. Tim Cook stated, “Yes. I think it’s reasonable to them [Bitcoin/Ethereum] to be held as part of a diversified portfolio “.

In an interview with Andrew Ross Sorkin, Cook went into more detail on the subject of cryptocurrencies and emphasized that he had been interested in cryptocurrencies for some time and had dealt with the topic intensively. “I think this is an interesting area,” continued Cook.

What are Apple’s plans for cryptocurrencies like?

So far, Tim Cook had not given a public assessment of cryptocurrencies, which is why the entry of the Apple boss, who is said to have private assets of around 1.4 billion US dollars, aroused hopes in the crypto community that the billion-dollar company he heads could also be for Open cryptocurrencies.

But the Apple boss suppressed speculation in this direction during the event by consistently pointing out that the statements made would reflect his personal point of view.

His company itself has no plans to enter the crypto market in the foreseeable future. There are no plans that the iPhone manufacturer will acquire bitcoins based on the Tesla model and the acceptance of bitcoins as a means of payment is also not planned, Cook emphasized. In his view, Apple investors wouldn’t hold Apple shares because they wanted to get exposure to cryptocurrencies. Anyone who intends to do this can make a direct investment, Cook continued.

Finanzen.at editors

Image source: Marco Prati / Shutterstock.com, Arsenie Krasnevsky / Shutterstock.com, Marek Szandurski / Shutterstock.com

Reference-www.finanzen.at

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