Wednesday, December 8, 2021
Home Crypto News Market Apple CEO, Tim Cook Says He Own Crypto To Diversify His Investment...

Apple CEO, Tim Cook Says He Own Crypto To Diversify His Investment Portfolio

- Advertisement -

Apple CEO spoke about personal investments in cryptocurrencies.



Apple CEO Tim Cook said he personally owns cryptocurrencies, using digital assets to diversify his investment portfolio. He spoke about his personal investment in crypto at the New York Times Dealbook conference (Video Below).

Cook added that he had been interested in cryptocurrencies for a while and was researching them.

But on the other hand, he said that In the near future, Apple has no plans to launch any services related to digital assets or integrate them as a possible payment option for its goods and services. He also stressed that the corporation is not going to invest in these financial instruments.

He said:

“I would sort of characterize it as there are things I wouldn’t do — like our cash balance. I wouldn’t go invest that in crypto — not because I wouldn’t invest my own money in crypto — but because I don’t think people buy an Apple stock to get exposure to crypto. And so, if they want to do that, they can invest directly in crypto through other means.” 

 

Cook noted that “there are other things that [Apple] is definitely looking at.” What these words may mean is still unknown. However, in May, the corporation opened a vacancy for a business development manager with five years of experience in the cryptocurrency industry, who will lead the affiliate program in the segment of “alternative payments”.

Recall that in February 2021,  investment bank RBC Capital Markets analysts urged Apple to follow Tesla’s lead and capitalize on the growing interest in digital assets.

Watch Video:

- Advertisement -
Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Floki Inu To Be Seen At Least 210 Million Times After Floki New Partnership With Russian Most Famous Football Club

 Floki Inu announced a partnership with the Russian most famous Football club "Spartak-Moscow." window.coinzilla_display = window.coinzilla_display ||...

Dogecoin Entered Top 5 Most Searched Google News Queries of 2021

Dogecoin (DOGE) ranked fourth in the list of the most searched Google searches worldwide in the News category in 2021. trends.embed.renderTopChartsWidget("12671d45-ca76-450b-9ced-14f27b4587b4", {"geo":"GLOBAL","guestPath":"https://trends.google.com:443/trends/embed/"}, 2021);...

New Order Announces $NEWO Token Sale Through Dutch Auction On MISO

Toronto, Canada, 8th December, 2021, New Order, a community-driven venture DAO incubator for decentralized financial (DeFi) projects, announced the public sale of its governance...

Billionaire And Former Google CEO, Eric Schmidt Becomes Chainlink Strategic Advisor

Former Google CEO and Billionaire, Eric Schmidt has joined oracle provider Chainlink Labs as a strategic advisor. ...

Shiba Inu Games Became Partners With Australian Playside Studios

Playside Studios (PLY) shares price jumped more than 4% to $0.83 after Australia’s largest publicly listed video games developer entered into a material fixed...

Visa Is Launching An Advisory Practice That Will Help Further Mainstream Adoption Of Bitcoin And Other Digital Assets

Payment giant Visa has announced the launch of a new advisory division to help clients navigate the cryptocurrencies world reported by CNBC.

10% Of Americans Plan To Give Crypto On Christmas As Gift With Bitcoin #1 Choice For Holiday Gifting

Almost every tenth citizen of the United States is ready to give cryptocurrencies as a gift for the New Year, and every fourth is...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.