Apple CEO – Tim Cook Owns Crypto and Vouch for Diversified Portfolio

Tim Cook addresses the press and claims, “crypto is something Apple is looking at.” Eying on the pound of the cryptocurrency economy which incarcerates $3 trillion in value this week as bitcoin, Cook discloses this news.

Concurrently, Apple’s CEO discloses that he owns crypto and the managers conclude it is a reasonable decision. When questioned whether Cook owns crypto, he answered, “I do & I think it’s intelligent to own it as part of a diversified portfolio.”

To another direct question, i.e. what’s his thought about “potentially accepting [cryptocurrency] through Apple Pay.” He replied, “It’s the ideal thing we’re anticipating. Crypto assets aren’t something we’ve quick plans to do. I will not invest that in crypto, as it’s my outlook that people don’t buy Apple stock to get crypto exposure.”

Microstrategy O Michael Saylor answered Cook’s cash balance statements on Twitter. He comments, “It would be worth it to transform Apple treasury to Bitcoin & assist Bitcoin to the iPhone. Because this transformation could generate at least a trillion dollars for their shareholders.”