Billionaire Apple chief Tim Cook has disclosed that he owns cryptocurrency and that he has been interested in it “for a while”.
Apple chief executive Tim Cook has revealed for the first time that he owns cryptocurrency and that he considers it a “reasonable” investment.
Mr Cook was askedby journalist Andrew Ross Sorkin if he owned bitcoin or ethereum at the Deal Book conference
“I do. I think it’s reasonable to own it as part of a diversified portfolio, ”Mr Cook said. “I’m not giving anyone investment advice by the way.”
Mr Cook said that he had been interested in cryptocurrency “for a while” and that he had been researching the topic.
Mr Cook was quick to say that his investment was his “personal point of view” and rejected suggestions that Apple might take cryptocurrency in exchange for products.
Cook also rejected the possibility of Apple buying cryptocurrency with corporate funds as an investment.
“I wouldn’t go invest in crypto, not because I wouldn’t…
