Tim Cook says he owns cryptocurrency

Tim Cook says he owns cryptocurrency

Photo by Axelle/Bauer-Griffin/FilmMagic

Apple CEO Tim Cook has confirmed that he has invested his personal money in cryptocurrency during a discussion today at the New York Times’ Dealbook conference. “I think it’s reasonable to own it as part of a diversified portfolio,” the CEO said during a conversation with Andrew Ross Sorkin. “I’m not giving anyone investment advice, by the way,” he quickly followed up, without specifying which specific cryptocurrencies he has invested in.

“I’ve been interested in it for a while. I’ve been researching it and so forth … I think it’s interesting,” the CEO continued.

Although Cook confirmed his own investment in cryptocurrency, he was a lot more guarded about Apple’s plans as a company. He ruled out investing the company’s cash balance in…

Continue reading…


This post was originally created on this site & curated for Mamizi members