Apple CEO Tim Cook Reveals Owning Bitcoin or Ethereum

The CEO of Apple, Tim Cook, revealed that he owns Bitcoin (BTC) or Ethereum (ETH).

During a conference on November 9, at the DealBook, Tim Cook confirmed that he personally invested in Bitcoin or Ethereum.

“I do. I think it’s reasonable to own it as part of a diversified portfolio. I’m not giving anyone investment advice by the way.”

In addition, the CEO of the tech giant stressed that he had been interested in cryptocurrency for quite some time and that he had been researching the topic.

However, Cook shut down rumors about Apple accepting crypto payment for its products by saying that his interest was from a personal point of view. Aside from this, Cook also rejected the possibility of Apple buying digital assets with the company funds as an investment.

He emphasized that he wouldn’t go invest in crypto, not because he wouldn’t invest his own money, but because he doesn’t think people buy Apple stock to get exposure to crypto.