After being asked about bitcoin at the DealBook conference on Tuesday, Apple Chief Executive Officer Tim Cook hinted that he personally owns the crypto.
“Yes, I do,” when asked if he owned bitcoin or another cryptocurrency.
“I think owning bitcoin is appropriate as it is part of a diverse portfolio,” he said, adding he’s not giving anyone investment advice.
Cook was also asked if he thought he could be classified as a Bitcoin bull. He evaded the question by saying he didn’t want to put a name on it, but that Bitcoin is “something I’m interested in.”
Bitcoin on Cook’s radar
The CEO went on to say that Bitcoin and cryptocurrency had piqued his attention and that he had been examining them “for a while.”
However, Cook reaffirmed that his interest is entirely “personal,” and that the company has no intentions to join the Bitcoin bandwagon at this time.
According to the Apple big boss, he would not invest in crypto, not because he wouldn’t invest his own money, but because he doesn’t think people buy Apple shares “to get some exposure to digital currencies.”
Cook also stated that integrating Bitcoin services into Apple products or accepting Bitcoin as payment is “not something we have immediate plans to do.”
The ‘mathematically pure’ crypto
Apple co-founder Steve Wozniak expressed more optimism about Bitcoin than Cook last month, saying that Bitcoin is “mathematical purity” and that not another Bitcoin can be created.
Wozniak also compared the “artificial” U.S. currency to the “mathematically pure” crypto.
Cook was given 5 million Apple shares in August, worth around $750 million during that month.
He will get additional grants of Apple stock, the number of which will be determined by the stock’s performance through 2026.
Meanwhile, the billionaire has stated that he intends to give away his whole fortune to charitable causes.
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