Tim Cook holds cryptocurrency, but Apple is interested in 'other things'
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moneycontrol.comApple CEO Tim Cook revealed that he has bought cryptocurrencies as a part of his portfolio but denied Apple’s intentions to join the cryptocurrency club.
“I think it’s reasonable to own it as part of a diversified portfolio,” Cook said at the New York Times DealBook Online Summit, adding that he was not giving any investment advice.
Cook said that he had been interested in cryptocurrency for a while and had also done his own research on it.
Furthermore, the CEO clarified that Apple did not hold any cryptocurrency and had no plans to do so.
“There are other things that we are definitely looking at,” he added.
In August 2020, MicroStrategy invested $425 million dollars into Bitcoin. It currently holds 114,042 BTC, according to Buy Bitcoin
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